The Latest Breaking News from Reserve Bank

Early in the election campaign, on April 14, we learned that Australia’s unemployment rate had slipped below 4% in March, to 3.95% – the lowest rate in 48 years.

Every three months the Bureau of Statistics releases the lesser-known cousin of the consumer price index. It’s called the Wage Price Index (WPI) and it records changes in the overall level of wages, in the same way the price index records changes in the overall level of consumer prices.

With the cost of living surging and interest rates rising for the first time in more than a decade, a cap on mortgage repayments would come as welcome relief for millions of borrowers. But can it be done and who would end up paying for it?

Soaring energy costs, stagflation fears and calls for higher wages are just some of the bumps in the road awaiting a new or returned government

The Prime Minister says Anthony Albanese's push for wages to keep pace with inflation is "reckless", but Labor says the alternative is for people's pay to go backwards.

The most expensive real estate market in regional Australia is officially cooling, but that doesn't mean it's any more affordable.

The Reserve Bank is pushing up interest rates to take money out of our hands.

A suspicious person might worry the Government would not be too vigilant about the Reserve Bank reining in inflation, if it's earning lots of tax dollars. But there's a saner way to set tax.

In an election campaign largely centred around the cost of living, the spiralling cost of the single-biggest expense for most households — housing — is a key focus for policy. Here's what's being promised.