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The Latest Breaking News from the Reserve Bank

Australia’s economy slows as households tighten their belts, while AI investment surges

Australia’s economy grew by 0.3% in the first three months of 2026, slowing from 0.9% growth at the end of 2025, according to the latest Australian Bureau of Statistics figures.

The Conversation

AAP Rolling News Bulletin June 3, 1400

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Aussie shares bounce as rate hike fears ease for now

Miners, energy stocks and banks have helped the ASX stage a relief rally after weak GDP results boosted the odds of the Reserve Bank keeping rates on hold.

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Data centre boom fails to boot up lagging economy

A fourth Reserve Bank rate hike is still on the cards for 2026, despite a slowdown in economic growth, falling productivity and high labour costs.

The Guardian - AU

Capital city home prices fall as experts predict Australia’s property slump could last a year and cut values by 10%

Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025

The Economic Times

RBI MPC meet: Central bank likely to maintain status quo on rates, adopt cautious approach amid West Asia crisis

Experts anticipate the Reserve Bank of India will maintain its key policy rate at 5.25 percent this week. The central bank is expected to adopt a cautious approach, considering potential inflation headwinds and growth challenges. Factors like West Asia turmoil, rising energy prices, and a weakening rupee are influencing this…

The Economic Times

RBI to explore CBDC pilot in cross-border transactions

The Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail space in the current fiscal year. Additionally, the RBI is exploring the use of CBDC in cross-border transactions, signing MoUs and engaging in bilateral discussions for pilot…

The Economic Times

RBI flags US-Iran war's impact on rupee, lists measures to manage forex

The Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, the Middle East conflict and FII outflows. RBI intervened in forex markets and expanded measures such as SRVAs and local currency arrangements to stabilise the currency…

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