The Latest Breaking News from RBA

A person with long experience in the financial services sector, Marnie Baker, and a distinguished academic economist, Renée Fry-McKibbin, have been appointed to serve on the Reserve Bank’s new monetary policy board:

Renée Fry-McKibbin and Marnie Baker will sit on the RBA’s new board, which follows the government’s reform of the central bank

Two new faces will serve on the Reserve Bank of Australia's rate-setting board, with the government defying calls from the coalition for continuity.

Economic headwinds from China has sparked a major downgrade to Australia's budget position, limiting the government's ability to support struggling households.

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

Australia's unemployment rate has unexpectedly fallen to 3.9 per cent, bolstering the argument for the Reserve Bank of Australia to keep rates on hold.

The Ghost of Christmas Yet to Come has visited the RBA deputy, revealing little chance of the global economy plunging into another Depression.

Australia's central bank is sounding more confident it can beat inflation in welcome signs for mortgage-holders, home-buyers and the federal government.

Growth has slowed but employment is up – could the new year bring mortgage repayment relief?

Opposition leader criticised over record on Indigenous issues and accused of ‘partisan games’ after Melbourne synagogue arson attack

Reserve Bank leaves cash rate at 4.35% for ninth consecutive meeting