The Latest Breaking News from Reserve Bank

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.

Renewed Covid restrictions in regions of China have accelerated increases in New Zealanders' cost of living.

Reserve Bank ‘resolute in its commitment’ to keep inflation in the 1-3% target range, signalling further rate rises may still be needed

Government subsidies such as first home buyer grants and HomeBuilder have boosted demand for homes and helped push up house prices, with "pervasive" impacts on housing outcomes for some Australians, according to the Reserve Bank.

Mortgage holders in New Zealand are bracing themselves for another cash-rate hit from the Reserve Bank.

Analysts say election of Albanese government will not ‘shift the dial’ on economic forecasts

Many NZers expect pay rises in coming months, but they are increasingly concern about the harsh impact of the cost of living crisis on their own families' lives, according to the Reserve Bank.

The Government’s Budget 2022 announcement around its First Home Loan and Grant schemes is a step in the right direction to help new buyers get a mortgage. Huge hurdles remain