The Latest Breaking News from Reserve Bank

Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest rates

Today’s figures from the Australian Bureau of Statistics show inflation fell in the September quarter for the third consecutive quarter.

The Conversation · Oct 25, 2023

Australia’s inflation rate rose 1.2% in September quarter boosted by higher fuel prices

Quarterly CPI was higher than economists’ expectations and will increase speculation that the Reserve Bank may again raise interest rates

The Guardian - AU · Oct 25, 2023

Heated inflation figures put rate hike firmly in play

The Reserve Bank may be forced to lift interest rates again as fresh inflation data suggests the fight is not yet over.

AAP · Oct 24, 2023

Australian share market plunges to six-month low

The ASX200 has slumped to its lowest in six months and the dollar to its weakest since November, despite interest rates staying on hold.

AAP · Oct 3, 2023

No rate hike yet, but will it rise on Melbourne Cup Day? It all depends on petrol prices

If the Reserve Bank does push up interest rates again, the most likely next date is its next board meeting, on Melbourne Cup Tuesday.

The Conversation · Oct 3, 2023

Feeble retail sales growth reflects stretched consumers

Consumers appear to be spending more cautiously in a sign the Reserve Bank's mission to reduce inflation is working as intended.

AAP · Sep 28, 2023

The Reserve Bank shouldn’t be spooked by Australia’s imported inflation

If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would change

The Guardian - AU · Sep 28, 2023

Inflation jump complicates Reserve Bank's job

Australia's consumer prices have risen 5.2 per cent in the latest figures, with fuel, housing, transport, food and insurance the biggest drivers.

AAP · Sep 27, 2023

The Albanese government blew its shot at setting a historic new unemployment target

Treasurer Jim Chalmers says the federal government’s employment white paper is “ambitious”. I’m not convinced.

The Conversation · Sep 26, 2023

Inflation expectations tick up as petrol prices lift

There's been a dip in in consumer confidence as rising petrol prices nudge inflation expectations, which could be of note to the Reserve Bank.

AAP · Sep 26, 2023