The Latest Breaking News from Reserve Bank

Australians are being hit with a double whammy of rising mortgage costs and falling property prices as interest rates rise.

MUMBAI: Dismissing reports, the Reserve Bank on Monday said there is no proposal to replace the face of Mahatma Gandhi with that of others on currency notes.

New developments in the collapse of Decmil Construction NZ highlight how one falling domino can endanger struggling building firms throughout the country

Australia’s housing market has started falling from its pandemic highs, with property prices down 0.11 per cent in May amid rising interest rates.

The central bank is looking to balance its obligation to manage inflation with the necessary costs of cutting emissions, in consultation on its remit.

By far the best thing Jim Chalmers could do for his party and the country would be to find a way to escape the 23.9 per cent limit on tax to GDP.

This is the text of an open letter from 12 leading economists, sent on Sunday:

The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of currency and payment systems. Full story on Dynamite News:

MUMBAI: The Reserve Bank on Friday said banks would need to support growth while being watchful of the credit behaviour of entities whose loans were restructured during the pandemic period to arrest slippages.