The Latest Breaking News from Reserve Bank

Rationale behind RBA's December rates call on show

The minutes from the December interest rate meeting will outline the Reserve Bank's thinking on inflation as households gear up for the festive season.

AAP · Dec 17, 2023

Politics with Michelle Grattan: Jim Chalmers says Australians will be better off next year

It’s been a difficult year for the economy, and the year ahead also is looking challenging. Treasurer Jim Chalmers, overseer of the government’s economic policy, joins us on the podcast to talk about the latest budget numbers, interest rates, changes to the Reserve Bank board, Australia’s debt, cost of living…

The Conversation · Dec 15, 2023

NZ government's first law to reform Reserve Bank

The Reserve Bank has been ordered to focus on fighting inflation - and not maximising employment - by the New Zealand coalition government.

AAP · Dec 13, 2023

ASX skyrockets as economy shows sign of weakness

The ASX200 made its biggest daily gain in more than a year as lower-than-expected GDP growth signals the RBA's rate rises are having their intended effect.

AAP · Dec 6, 2023

Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely

If you’re looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesday’s board meeting, saying:

The Conversation · Dec 5, 2023

RBA interest rates: Australian mortgage holders spared pre-Christmas rise from Reserve Bank

The Reserve Bank of Australia keeps its cash rate on hold at 4.35% in line with expectations from economists after inflation continued to slow

The Guardian - AU · Dec 5, 2023

Australian shares drop despite RBA rate reprieve

The ASX200 closed down 0.9 per cent despite the Reserve Bank's decision to keep interest rates on hold at its final meeting of 2023.

AAP · Dec 5, 2023

ASX notches gain as investors swarm back to stocks

The ASX200 has climbed 0.7 per cent as investors feel more confident global central banks will stop tightening rates earlier than previously thought.

AAP · Dec 4, 2023

Happy birthday AUD: how our Australian dollar was floated, 40 years ago this week

These days, we take for granted that the value of the Australian dollar fluctuates against other currencies, changing thousands of times a day and at times jumping or falling quite a lot in the space of a week.

The Conversation · Dec 3, 2023

RBA likely to spare borrowers Christmas rates pain

The Reserve Bank interest rate decision and growth statistics for the September quarter to dominate the economic agenda this week.

AAP · Dec 2, 2023