The Latest Breaking News from Reserve Bank

Reserve Bank revolution: how Jim Chalmers will recraft the RBA for the 21st century

The review into the Reserve Bank of Australia has just been published by Treasurer Jim Chalmers, and it’s a blockbuster.

The Conversation · Apr 20, 2023

Reserve Bank set for biggest overhaul in decades after review calls for more external leaders

The Reserve Bank is set for its biggest overhaul in decades, with a review into the central bank finding it needs major changes to ensure it is "fit for the future".

ABC News · Apr 20, 2023

ACTU will not push for spot on RBA board as review released – as it happened

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The Guardian - AU · Apr 19, 2023

The RBA's interest rate pause was a close call that could change as early as next month

The Reserve Bank reveals its decision to pause its aggressive interest-rate-hiking strategy was a close call, while again warning that more hikes might be needed to tame inflation.

ABC News · Apr 18, 2023

Government will not lift welfare payments despite recommendation – as it happened

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The Guardian - AU · Apr 17, 2023

‘Unnecessary’ rate hikes to trigger ‘consumer recession’: Report

A major economics firm says the RBA has gone too far in raising interest rates and has forecast a "consumer recession".

The New Daily · Apr 17, 2023

Did the Reserve Bank's interest rate hikes put Australia's economy on a 'knife-edge'? A major consulting firm thinks so

A major consulting firm forecasts a "consumer recession" in 2023, warning hundreds of thousands of Australian households are bleeding cash every month.

ABC News · Apr 17, 2023

Come inside the RBA's media lock-ups to see how we report on interest rates and financial risks

Every now and then, the Reserve Bank of Australia locks up a group of financial journalists and the ABC's Michael Janda is often one of them. He explains why this is good for reporters, and for you.

ABC News · Apr 16, 2023

The mining sector made more than half of Australia's corporate profits, so why do economists want to ignore it?

Australia's mining sector has generated windfall profits over the past two years, the result of dramatically higher prices for fossil fuel energy, but has it driven inflation?

ABC News · Apr 14, 2023

‘Resilient’ jobs market foreshadows more interest rate hikes, economists say

Australia’s jobs market showed little signs of slowing in March despite almost a year of interest rate hikes, economists said.

The New Daily · Apr 13, 2023