The Latest Breaking News from the Reserve Bank

A small increase in underlying inflation has led to growing expectations the Reserve Bank will lift the cash rate in coming months.

The first round of inflation data released after the Reserve Bank chose to lift interest rates will be handed down.

Opposition MPs have grilled Reserve Bank officials over whether government spending and monetary policy errors contributed to the first rate hike in two years.

The prospect of a cash rate increase on Tuesday changed dramatically over the past month. One wonders if the Reserve Bank listened more to the commentariat than the data

Economists and the central bank might see a roaring economy but workers and mortgage holders still feel like they’re doing it tough

The Reserve Bank of Australia (RBA) has lifted the cash rate by 25 basis points to 3.85%, adding to pressure on households and businesses. While the move was widely expected by markets and most economists, the Reserve Bank says inflation risks remain too high to be comfortable.

The Reserve Bank has revised up its prediction for core inflation, with price growth expected to remain above its midpoint target despite higher interest rates.

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Mortgage holders could face back-to-back rate hikes after the Reserve Bank raised interest rates amid rising inflation pressures.