The Latest Breaking News from Reserve Bank

RBA boss confirms rate hikes not necessarily over

The Reserve Bank has kept interest rates on hold, but governor Philip Lowe says there's a good chance more interest rate hikes will be needed.

The New Daily · Apr 5, 2023

RBA governor Philip Lowe says pause 'does not imply that interest rate increases are over'

The Reserve Bank boss warns households to brace for more interest rate rises, especially if businesses keep putting up prices or workers demand bigger pay rises.

ABC News · Apr 5, 2023

Philip Lowe in spotlight after welcome cash rate call

The Reserve Bank has kept interest rates on hold but a public appearance from the bank's boss could shed some light on the likelihood of more hikes.

The New Daily · Apr 4, 2023

RBA leaves interest rates on hold as it waits to see impact of previous increases

The Reserve Bank gives mortgage borrowers a reprieve, at least temporarily, by leaving interest rates on hold at Tuesday's board meeting.

ABC News · Apr 4, 2023

Reserve Bank flags 'further tightening' to tame inflation after leaving interest rates on hold at 3.6pc, ASX closes higher

The Reserve Bank has left interest rates on hold at 3.6 per cent, but says some further tightening of monetary policy may be needed, while the Australian share market hit a fresh three-week high.

ABC News · Apr 3, 2023

Oil prices surge after OPEC+ surprises the market with supply cuts, ASX rises to three-week high

Australian shares rise to their highest level in three weeks, while oil prices surge after a surprise decision by Saudi Arabia and OPEC nations to cut production by more than 1 million barrels per day, and Scott's Refrigerated Logistics is now in liquidation.

ABC News · Apr 2, 2023

Will the RBA boost the pain factor? Analysts split on chances of a further rate hike

Mortgage holders will be holding their breath this week as the Reserve Bank mulls whether inflict a further rate rise on home owners in its April cash

The New Daily · Apr 2, 2023

Hope builds for possible end to interest rate hikes

The Reserve Bank will be hogging the limelight this week with a nail-biter cash rate call and a public appearance from the governor Philip Lowe.

AAP · Apr 2, 2023

Michael Pascoe: RBA has already made the case for stopping its rate rises

The Reserve Bank board minutes released on March 21 made a show of officially agreeing “to reconsider the case for a pause at the following meeting,

The New Daily · Mar 30, 2023

Lenders cut fixed rates as Reserve Bank decision looms

More than 10 lenders have cut fixed interest rates in the past 10 days, with ING moving to slash its offerings ahead of the Reserve Bank's next interest

The New Daily · Mar 30, 2023