The Latest Breaking News from Reserve Bank

Alan Kohler: The Reserve Bank is a renovator’s delight

The most controversial task of the panel reviewing the Reserve Bank will be to decide whether Governor Philip Lowe committed a sackable offence.

The New Daily · Jul 27, 2022

The RBA is increasing interest rates to counter inflation – but it will also slow wages growth

Combined with major price increases on essential items, the RBA’s policies will deliver a brutal whack to lower-income households

The Guardian - AU · Jul 27, 2022

Banks, financial institutions can look at having paperless branches: RBI discussion paper

MUMBAI: The Reserve Bank on Wednesday suggested that banks and other financial institutions could consider eliminating the use of paper at their branches as well as introduce e-receipts at ATMs.

The Times of India · Jul 27, 2022

RBI's rupee trade settlement a step towards internationalisation of rupee: Experts

MUMBAI: The recent announcement by the Reserve Bank of India (RBI) to allow cross border trade transactions in rupee is a timely move and a step towards internationalisation of the currency, according to experts.

The Times of India · Jul 20, 2022

The Reserve Bank will face a major review. Here’s what that means

Australia’s inflation target and why the Reserve Bank has failed to achieve it will be probed in the biggest review of the central bank in decades.

The New Daily · Jul 20, 2022

Chalmers looks for confidence in RBA

Treasurer Jim Chalmers has flagged changes to the RBA's board with a new review by an independent panel for the first time since the 1980s.

AAP · Jul 19, 2022

International expert to review Reserve Bank as deputy governor says households in 'fairly good position' on rate rises

An international expert on monetary policy, Carolyn Wilkins, is one of a three-member panel that will conduct a broad review of the Reserve Bank, including its objectives and the interaction of monetary and fiscal policy.

The Conversation · Jul 19, 2022

How rising interest rates could work for you with term deposits and savings

With the RBA and other central banks winding up cash rates, term deposit rates and even interest rates on savings accounts have started to rise. 

The New Daily · Jul 19, 2022

Rates put first home buyers at risk: RBA

Reserve Bank deputy governor Michele Bullock has told a Brisbane audience recent first home buyers are most at risk of default in the face of rising rates.

AAP · Jul 19, 2022

ANZ predicts cash rate above 3 pct in 2022

ANZ is forecasting the cash rate will hit 3.35 per cent for November, a prediction that's the most hawkish of the big four banks.

AAP · Jul 18, 2022