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The Latest Breaking News from RBA

Which banks have passed on the March RBA rate rise to mortgage borrowers? NAB kicks it off, as Westpac follows

We're in double-digit territory after the Reserve Bank of Australia (RBA) lifted interest rates for the 10th time since last April. Find out which major banks have responded to the RBA's March decision.

ABC News

Targeted measures can better tackle inflation, instead of lifting interest rates

Over 2022 consumer prices increased by 7.8 per cent, about three times as fast as the RBA's target range of 2 to 3 per cent for inflation.

The New Daily

Australia’s Reserve Bank could put King Charles on $5 banknote if future government wanted it

Documents reveal RBA would ‘consult with the government of the day’ and Peter Dutton has made clear he would support such a move

The Guardian - AU

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Watch: Power prices to rise, Albanese to India, Bindi Irwin health battle

Watch: RBA Governor Philip Lowe indicates there may be a pause on cash rate rises on the horizon. Power prices to surge again from July. Staff refuelling

The New Daily

As crisis calls over financial distress climb, treasurer and finance minister say they know rate rises are hurting

The government acknowledges a growing number of people making financial distress calls to crisis support hotlines, as the Reserve Bank governor says the mental health concerns of Australians weighs heavily on him.

ABC News

Pause in interest rate rises is ‘closer’, RBA chief says a day after 10th straight increase

Philip Lowe delivers speech saying it will soon be time to stop and assess the impact previous rate increases have had

The Guardian - AU

RBA governor Philip Lowe says interest rate 'pause closer' with 'open mind' based on data

The Reserve Bank governor says the board is considering a pause after 10 consecutive interest rate rises, possibly as early as April, but the timing will depend on incoming economic data.

ABC News

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Sydney trains delayed due to ‘communication issue’ – as it happened

This blog is now closed.

The Guardian - AU

Michael Pascoe: Household income crash worse than ’90s recession

The RBA has engineered a bigger crash in Australians’ real disposable income than they suffered in the 1990s recession

The New Daily

Reserve Bank closer to hitting pause on rate hikes

After delivering 10 interest rate rises in a row, the Reserve Bank could put further increases on hold to gauge the impact on soaring inflation.

AAP

Philip Lowe leaves clues his rate-rising work may be done – bar an Easter finale

The RBA governor has ditched his hawkish tone and the odds now seem to favour just one more rise, probably in April – but that could change

The Guardian - AU

How many more interest rate hikes? RBA boss Philip Lowe gives clues

Home owners will be slugged with another mortgage bill squeeze after the Reserve Bank raised its interest rates for the 10th time in a row.

The New Daily

Afternoon Update: critics warn RBA risks ‘overshooting’ on rate hikes; Sally Rugg’s court loss; and Sphinx-like statue found in Egypt

Australians with a mortgage have been hit with a record 10 consecutive interest rate rises as the Reserve Bank lifted the cash rate to 3.6%

The Guardian - AU

Why RBA interest rate hikes could end by September – but brace for at least one more

Tuesday’s tenth successive Reserve Bank interest rate hike is the culmination of a process that has added $1,080 to the monthly cost of payments on a $600,000 variable mortgage.

The Conversation

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The New Daily

‘Inflation has peaked’: RBA hikes interest rates again and signals more as economy slows

The Reserve Bank has raised interest rates for the 10th straight meeting in a row and continues to flag more hikes in a bid to curb inflation.

AAP

RBA fires off another rate hike to tackle inflation

The Reserve Bank of Australia has lifted interest rates for the 10th month in a row in its unwavering fight against high inflation.

The Guardian - AU

RBA interest rates: Reserve Bank increases official cash rate to 3.6% in record 10th consecutive rise

Interest rates at highest level since mid-2012 as central bank continues to try to drive down inflation

The New Daily

Reserve Bank hikes interest rates at 10th straight meeting

The Reserve Bank has raised its interest rates target another 0.25 percentage points in March and has signalled even further hikes.

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ABC News

Reserve Bank of Australia raises interest rates to 11-year high, opens the door to a pause

The Reserve Bank of Australia (RBA) raises interest rates for the 10th consecutive meeting, taking the cash rate target to 3.6 per cent.

Bangkok Post

Asia's very complicated pause in interest rates

Interest-rate pauses aren't exactly in trouble, but things are beginning to look awkward for officials eyeing a decent break. World growth isn't falling off a cliff and inflation has failed to ease up quite as expected in some big economies. The more fortitude the expansion shows, the greater the risk…

The New Daily

Another rate hike expected to fight stubborn inflation

The Reserve Bank is tipped to hike interest rates for the 10th time in succession and inflict further pain on already-stretched Australian households. The

The Conversation

Underlying Australia's inflation problem is a historic shift of income from workers to corporate profits

The three years since the onset of the pandemic have witnessed a dramatic redistribution of national income, away from labour compensation and towards business profits.

ABC News

The Reserve Bank is tipped to raise interest rates again, even as some families struggle to meet higher home loan repayments

Australia's major banks expect the Reserve Bank will lift the cash rate to its highest level since May 2012 later today, but thousands of families like Le Tran's are already having to make sacrifices to make ends meet.

Newcastle Herald

Beating heart of a city, but Newcastle's CBD is hard to find

Our council believes that the CBD is emerging as Newcastle West, and this store believes Cooks Hill qualifies. I reckon most Novocastrians still think it's uptown, where it always was. Can anyone enlighten me?

AAP

Australia returns trade surplus of $11.6 billion

Australia has reported another trade surplus ahead of the RBA's March cash rate decision, which is broadly expected to result in another hike.

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