The Latest Breaking News from RBA

Australia's top central banker reveals why she still hasn't pulled the trigger on interest rate cuts despite similar countries already taking action.

Prior to Wednesday’s figures, both headline and underlying inflation had retreated for five consecutive months

Even as we spent less, the Reserve Bank kept raising rates – and now household disposable income is back to what it was in 2015

Cash use has declined drastically across all age groups and for all products, but small pockets of resistance to digital-only payments remain

Public appearances by Reserve Bank officials will be scoured for clues to where interest rates might be heading next and how they view the economy.

The jobless rate in October was 4.1%, according to the Australian Bureau of Statistics

It is quite infuriating now, as we look back with total hindsight at the Reserve Bank’s concerns

The ASX200 has fallen for the third straight session, with financials and mining stocks weighing heavily on the market.

ABS confirms wage price index rose an annual rate of 3.5% in September quarter, bringing some relief to households battling cost of living pressures

Workers have logged another quarter of real wage growth that, thankfully, is not strong enough to push back interest rate cuts.

The Reserve Bank of Australia (RBA) plays a crucial role in shaping the financial landscape of the nation. By managing interest rates, it influences everything from mortgage repayments to savings returns. Understanding how these rates work and their implications for personal finances is essential for making informed financial decisions.