The Latest Breaking News from Reserve Bank

The remarkable career of Tito Mboweni: from South African freedom fighter to central bank governor and trusted politician

It is sad to write about Tito Mboweni in the past tense.

The Conversation · Oct 14, 2024

Spring brings brighter outlook as rate hike fears fade

As signs of improving consumer and business confidence emerge, economists are speculating the Reserve Bank might be shifting its thinking on interest rates.

AAP · Oct 7, 2024

RBA minutes to paint picture behind interest rate call

More information on why the Reserve Bank chose to leave interest rates on hold for the seventh meeting in a row will be released on Tuesday.

AAP · Oct 5, 2024

RBA warns two factors risk increasing number of Australians caught in mortgage struggle

Vast majority of borrowers servicing their debts but arrears could grow if economy slows more than expected, bank says

The Guardian - AU · Sep 26, 2024

More borrowers falling behind but better days are ahead

Some households are doing it tougher due to high inflation and interest rates but conditions are about to improve, a Reserve Bank of Australia report says.

AAP · Sep 25, 2024

Politics with Michelle Grattan: Richard Holden says no interest rate fall likely for 12 months

For many Australians, the COVID-19 pandemic has become a fading memory as the world has moved away from lockdowns and masks. However, its lasting impacts, including persistent inflation, remain.

The Conversation · Sep 25, 2024

Afternoon Update: inflation hits three-year low; BoM tsunami warning test prompts panic; and the legacy of Daria

Inflation dived last month to its lowest rate in three years, but the Reserve Bank will wait for a more sustained drop before it starts cutting interest rates.

The Guardian - AU · Sep 25, 2024

At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters

A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%.

The Conversation · Sep 25, 2024

Dollar hits 19-month high, miners gain as banks fall

The ASX200 dropped 0.2 per cent, while miners gained and the local currency hit its highest level in 19 months on China's aggressive stimulus measures.

AAP · Sep 25, 2024

Australia’s annual inflation rate in August falls to lowest since 2021 at 2.7%

Lowest CPI rate in three years but Reserve Bank will wait for more sustained drop before cutting interest rates

The Guardian - AU · Sep 25, 2024