The Latest Breaking News from the Reserve Bank

The Reserve Bank has delivered a scathing assessment of governance and risk culture failings as part of an inquiry into Australia's stock exchange operator.

Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.

Future rate cuts may be less likely if renting and construction costs contributing to housing inflation continue to grow.

The Reserve Bank’s rate cut this week will help relieve many mortgage holders, but it wasn’t all positive news from the bank. It also underscored the serious productivity and economic growth challenges facing the Australian economy.

The Reserve Bank of Australia lowered the official interest rate by 25 basis points to 3.60% at its meeting today, marking the third cut this year. The move follows reductions in February and May, and comes after a pause in July that surprised analysts and upset mortgage holders.

The Reserve Bank of Australia has delivered a pessimistic assessment of Australia's productivity potential, ahead of the government's economic roundtable.

Splurging shoppers are unlikely to dent the chances of an August interest rate cut, with consumer data tipped to deliver an upward spending trend.

In a majority of capital cities in Australia, inflation is now below 2% – that is, below the Reserve Bank’s target range

Inflation is moving in the right direction, but new figures released today may not be soft enough to trigger a cut in official interest rates in August.