The Latest Breaking News from Luci Ellis

Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more…

Generational factors are more to blame for the housing crisis than hipsters’ love of expensive smashed avo on toast.

So, you think you know why rents climbed.

When the governor and colleagues faced the economics committee, rates were the focus – how high will they go, and will they stall the economy?

The Reserve Bank reveals its recent decision to slow down interest rate increases was "finely balanced" and explains the process by which it arrives at its monthly decisions.

Workers don’t think their boss is open to giving a fat pay increase, writes Michael Pascoe. Fears of a a wage-price spiral are well overblown.

Opportunity is knocking for the new federal Labor government to form a grand coalition with the states to seriously tackle the housing crisis.

There are signs next week's national accounts will show the economy was barely growing in the first three months of the year.

Government subsidies such as first home buyer grants and HomeBuilder have boosted demand for homes and helped push up house prices, with "pervasive" impacts on housing outcomes for some Australians, according to the Reserve Bank.

The RBA's assistant governor for economics Luci Ellis has refused to predict how high interest rates may rise, but reiterated more increases are to come.