The Latest Breaking News from the Reserve Bank

Reserve Bank hits pause on interest rates

Borrowers will welcome a break from interest rate hikes as Australia's central bank opts to keep interest rates steady at 4.1 per cent.

AAP · Jul 4, 2023

Minister suggests rate pause based on uncertain outlook – as it happened

This blog is now closed.

The Guardian - AU · Jul 3, 2023

Two more RBA rate hikes, tumbling inflation, and a high chance of recession: how our forecasting panel sees 2023-24

Of the 27 leading economists assembled by The Conversation to forecast the financial year that’s just begun, every one expects inflation to continue to fall.

The Conversation · Jul 2, 2023

Protesters' clamour over coal is making things worse in climate fight

What they achieve is to irritate the general population

Newcastle Herald · Jun 22, 2023

Alan Kohler: Time to revisit the Allan Fels system of price control – naming and shaming

It’s time to revisit the Fels system of price control.That is – put some resources into price surveillance, and name and shame the gougers.

The New Daily · Jun 21, 2023

Michael Pascoe: Speech shows RBA clueless on employment

You can rely on the Reserve Bank to miss or downplay a major factor or two when it strays into what’s actually happening in Australia.

The New Daily · Jun 20, 2023

Cash could be almost gone in Australia in a decade – but like cheques, who'll miss it?

Late last year, the Reserve Bank gave 1,000 Australians diaries and asked them to record every payment they made over the course of a week. Of the 13,000 payments, only 17 were with cheques.

The Conversation · Jun 20, 2023

‘Mortgage stress’: New home owners squeezed hardest as repayments skyrocket

Many new homeowners could see half their incomes consumed by mortgage repayments in coming months as the RBA hikes rates.

The New Daily · Jun 19, 2023

NSW must help Reserve Bank ‘slay the inflation dragon’, state treasurer says

Daniel Mookhey to give major speech to parliament outlining the state’s finances as budget delayed until September

The Guardian - AU · Jun 19, 2023

More rate pain ahead? This week will provide some clues

The Reserve Bank's next move on interest rates remains shrouded in uncertainty but two senior officials may provide some clues.

The New Daily · Jun 18, 2023