The Latest Breaking News from Reserve Bank

Close call tipped as Reserve Bank mulls third rate hike

Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.

AAP · May 3

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs

The latest ABS consumer price index figures show just how pointless hiking interest rates would be at dealing with inflation. But raising rates is baked into the Reserve Bank’s DNA

The Guardian - AU · Apr 29

‘Mum and dad investors’ are pulling back. What will that mean for NZ’s housing market?

In New Zealand’s long and storied romance with the property market, the “mum and dad” investor has always been a central character.

The Conversation · Apr 28

The Reserve Bank Just Banned Credit & Debit Card Surcharge Fees, Here’s How It’ll Impact You

Say goodbye to those sneaky added charges!

Pedestrian.tv · Mar 31

Cafes, hotels take swipe at $1.6b consumer card fee win

The RBA has binned surcharge fees on debit and credit card transactions, which it says will save punters $1.6 billion - if businesses pass on the savings.

AAP · Mar 30

The RBA conflict that could decide its next rates call

Australia's central bank must abandon its narrow path and choose between getting inflation down quickly or keeping unemployment low, economists say.

AAP · Mar 30

Top forecaster's dire prediction if Iran war drags on

Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.

AAP · Mar 30

RBA to air board's disagreement in meeting minutes

Central bank watchers will get to peak into the Reserve Bank board room as minutes of a meeting that split 5-4 in favour of an interest rate hike are released.

AAP · Mar 29

Global group backs cuts, rate rises to curb inflation

Australia's inflation rate will peak higher than previously forecast, as surging oil costs cause consumer prices to increase, a Paris-based policy body says.

AAP · Mar 25

RBA ready to shift up a gear as the neutral rate rises

The Iran war will hurt consumers by pushing up prices and slowing the economy but the Reserve Bank must act to contain inflation expectations, an official says.

AAP · Mar 25