Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from RBA

RBA admits rates forward guidance faults

The prescriptive cash rate predictions seen during COVID-19 caused serious communication challenges, a Reserve Bank review has found.

AAP

‘Reputational damage’: RBA admits failure in COVID interest rates outlook

The Reserve Bank has admitted its prediction that interest rates would be unlikely to rise until 2024 wasn't "well suited" to COVID.

The New Daily

RBA flags rate pause but more rises likely

Mortgage holders are likely to endure more rate hikes but the central bank board wants to give its policy tightening a chance to flow through the economy.

AAP

From analysis to the latest developments in health,
read the most diverse news in one place.

Deutsche Bank forecasts Australia will enter a recession in 2023, following an expected rise in unemployment

Deutsche Bank expects Australia's unemployment rate to spike to 4.5 per cent by the end of 2023, leading to a recession under the investment bank's definition.

ABC News

Bank profits jump but rising interest rates are a double-edged sword

Australia's big four banks raked in nearly $30 billion in profits over the 2022 financial year as people struggled with the cost of living. And higher interest rates will put more mortgage borrowers at risk.

ABC News

Handouts would have fuelled inflation: RBA

A Reserve Bank senior official has fielded questions about Labor's budget, its undershot inflation forecasts and its 2024 forecast for interest rate rises.

AAP

Reserve Bank of Australia rejects 'scorched earth' policy to tame inflation with faster interest rate rises

The Reserve Bank of Australia will not hesitate to raise interest rates "quite quickly" if there are signs inflation is getting too far out of control, its deputy governor says.

ABC News

Read news from The Economist, FT, and more,
with one subscription

Greens claim treasurer ‘dodged’ housing scheme question – as it happened

This blog is now closed

The Guardian - AU

You can’t eat GDP: why Australian households are in for a massive, historic hit

Very smart people are nodding and suggesting the economy needs to slow to get inflation under control and, well, damn the consequences

The Guardian - AU

Energy prices top of mind for RBA

The second in command at the Reserve Bank says soaring energy prices could throw out its forecast and drive inflation even higher.

AAP

New data shows the economy is going to slow significantly over the coming two years

ABS and CommSec data shows there are already signs of a slowdown as average household spending goes up 15 per cent in the past five years.

ABC News

In defence of RBA Governor Philip Lowe: an easy scapegoat for record interest rate rises

Reserve Bank Governor Philip Lowe is getting terrible press, most of it undeserved.

The Conversation

Consumer confidence plunges below GFC lows and Christmas cut-backs planned

Consumer confidence plunges below the levels seen during the global financial crisis, causing a record number of households to slash their Christmas spending plans.

ABC News

Call for climate to be central to RBA role

A legal requirement to pursue sustainability could be added to the Reserve Bank's prosperity and stability remit under new ideas submitted to a review.

AAP

Get all your
news in one place.

100’s of premium titles.
One news app.

AAP

Consumer habits in the RBA spotlight

How consumers and government agencies are spending their money will be closely watched by Australia's central bank as inflation bites.

ABC News

The Australian Greens say the Reserve Bank needs to be more democratically accountable

The Australian Greens say the federal government's review of the Reserve Bank should re-imagine how monetary policy should work for the 21st century.

The Guardian - AU

Can Labor provide cost-of-living relief without feeding inflation and interest rates? An expert panel responds

Anthony Albanese says the government can’t afford to provide energy payments or other relief because to do so would put even more pressure on the RBA to raise interest rates – is he right? Three economists have their say

Benzinga

Americans Shouldn't Blame Joe Biden For Inflation, This Economist Says: Look Beyond The Borders

In a poll conducted on Oct.

Get all your
news in one place.

100’s of premium titles.
One news app.

AAP

RBA outlines gloomier outlook for economy

The Reserve Bank of Australia sees inflation peaking higher, slower growth and a higher jobless rate as economic challenges intensify.

The Guardian - AU

Reserve Bank predicts inflation to peak at 8% – the highest rate since 1990

Interest rates will likely continue to rise to subdue inflation, bank’s quarterly statement says

ABC News

Reserve Bank warns Australians to brace for tough years ahead to get inflation under control

The Reserve Bank expects a couple of tough years for Australians, with real wages continuing to fall as inflation persists, economic growth slows and unemployment starts to rise.

The Guardian - AU

Now that Australia’s house prices are falling, does the RBA really need to raise rates yet again?

The Reserve Bank is still on its quest to kill inflation, but what exactly still needs to be put to the sword?

ABC News

Anthony Albanese defends decision for no 'cash splash' in budget

Prime Minister Anthony Albanese says a budget cash handout would have been "cheap politics and hugely expensive economics".

ABC News

Interest rates have gone up again, pushing some Australian mortgage borrowers beyond their 'stress test' limits

The latest rate hike by the Reserve Bank of Australia means mortgage borrowers have been pushed to the limits — and beyond — of their "stress test" buffer.

Newcastle Herald

Big banks begin passing on rate rises

Mortgage holders are bracing for higher repayments in the wake of another 25 basis point rate hike by the Reserve Bank of Australia.

1 … 42 43 44 45

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

International Monetary Fund

Reserve Bank of Australia

National Australia Bank

29 stories

Compare Market

27 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.