The Latest Breaking News from Reserve Bank

As interest rates rise, almost 300,000 people who took large and risky home loans during the pandemic could fall into severe financial hardship or even default.

Analysis: The Reserve Bank of Australia finds itself in a strategic and political bind. Credibility is at stake

If the government attempts to dissuade the RBA from damaging its re-election campaign with a rate rise next week, it’s dangerous territory in Australian economic policy.

Philip Lowe mightn’t be a household name but the Reserve Bank governor finds himself catapulted right into the centre of this election campaign, in which events are proving more important than policies.

The Reserve Bank is increasingly likely to start raising interest rates next Tuesday. But why would it add increased interest costs to household budgets at a time when Australians are struggling with a surging cost of living? Michael Janda explains the economics behind it.

Good morning, early birds. One Nation’s Pauline Hanson will preference Labor over moderate Liberals on how to vote cards in some marginal seats, and a report has found just 1.6% of rentals are affordable for those on minimum wage. It’s the news you need to know, with Emma Elsworthy.

Workers’ ability to buy things with their wages is little different from when Tony Abbott took office in September 2013

After Wednesday’s larger-than-expected inflation number, all attention has turned to the Reserve Bank’s meeting on Tuesday. If the bank moves next week, it will be the first time there’s been a rise in a campaign since 2007, the election John Howard lost.

Australian consumer prices jumped an extraordinary 2.1% in the first three months of the year, the biggest quarterly jump since the introduction of the 10% goods and services tax at the start of the century.

Good morning, early birds. Scott Morrison will reportedly today tell Queensland voters that the “green-left” claim to be “more virtuous” than them and “deride their jobs as unworthy”, and a five-week inquest into the death of an Indigenous woman named Veronica Nelson has begun. It’s the news you need to…

There are four economic wildcards between now and the election, and we know exactly when each will be played.