The Latest Breaking News from Reserve Bank

RBA's Lowe warns higher inflation ahead

Reserve Bank governor Philip Lowe has warned higher rates of inflation are ahead, signally he will be keeping watch on data results in coming months.

AAP · Apr 4, 2022

India's current account deficit widens to 2.7% of GDP in December quarter

MUMBAI: India's current account deficit widened to $23 billion or 2.7 per cent of the GDP in the December quarter, the Reserve Bank said on Thursday.

The Times of India · Mar 31, 2022

Interest rates are predicted to rise. Here's what you can do to stay afloat

Keeping up with your mortgage repayments might soon get harder. Not only is the Reserve Bank likely to raise official interest rates sometime this year, but other costs like petrol, food and even coffee seem to be getting more expensive.

ABC News · Mar 30, 2022

Price rises are hitting consumers as inflation takes off. These are some items that are going up now

As economists predict another round of hikes in official inflation figures, we speak to traders and consumers who are already noticing concerning price rises.

ABC News · Mar 22, 2022

Demand for workers continues to strengthen

The National Skills Commission says job advertisements on the internet rose by a further 3.6 per cent in February.

AAP · Mar 22, 2022

Inflation, cost-of-living increases leave people struggling to afford everyday items

Inflation in Australia is officially 3.5 per cent, but the prices of many everyday items, especially petrol, are rising much faster and this new era of higher inflation has only just begun.

ABC News · Mar 22, 2022

Why Australia's Reserve Bank won't hike interest rates just yet

The biggest question relating to the management of the economy right now has nothing to do with next week’s budget. It has everything to do with the Reserve Bank and the board meetings that will follow it.

The Conversation · Mar 22, 2022

RBI gives 3-month extension to RBL Bank's interim MD & CEO

NEW DELHI: Private sector RBL Bank on Thursday said the Reserve Bank has granted an extension of three months to its interim MD and CEO Rajeev Ahuja.

The Times of India · Mar 17, 2022

India making steady progress, global crisis notwithstanding: RBI article

MUMBAI: Notwithstanding the geopolitical crisis created by the ongoing Russia-Ukraine conflict, India is making steady progress as it recovers from the third wave of pandemic though downside risks remain, the Reserve Bank said in an article on Thursday.

The Times of India · Mar 17, 2022

Politics with Michelle Grattan: Stay calm, petrol is headed down, budget is improving – economist Chris Richardson

Australia’s budget situation has been quietly improving. Deloitte Access Economics director Chris Richardson says the remarkable strength of the Australian economy means it no longer needs the emergency support it has been getting from the government and the Reserve Bank. Government spending fell by a record 10% in the year…

The Conversation · Mar 17, 2022