The Latest Breaking News from Reserve Bank of Australia

The election of the Hawke Labor government on March 5 1983 began an era of once-in-a-century economic reforms that opened the Australian economy to the world. It floated the dollar, eliminated controls on international capital flows, and dismantled the high tariffs that protected local manufacturers from imports. It refocused Australia’s…

After lifting interest rates for a record nine times in a row, and flagging more raises still to come, the Reserve Bank of Australia’s latest set of forecasts make for grim reading.

Indigenous Australians are respectfully advised that the following includes the names and images of some people who are now deceased.

Qantas boss Alan Joyce apologises for "routinely letting customers down" as Europe's two central banks hike their version of the cash rate, with the Reserve Bank of Australia expected to follow next week.

The Reserve Bank of Australia said the new $5 dollar note will not feature a portrait of King Charles but will pay tribute to the 'culture and history' of Indigenous Australians

Australia will erase the British monarch from its banknotes, replacing the late Queen Elizabeth II's image on its $5 note with a design honoring Indigenous culture, the central bank said Thursday. The decision to leave her successor King Charles III off the $5 note means no monarch would remain on…

King Charles won't be replacing the late Queen on the new $5 note, after the Reserve Bank decides to honour First Nations culture instead.

Allowing time for the impact to flow through would be sensible. Inflation is falling, it’s just not yet visible in official figures

Reserve Bank of Australia governor Philip Lowe says he has no plans to resign when his term is up next September.

The cash rate is now the highest it has been in a decade.

Pensioners are paying surcharges of up to 3.75 per cent each time they swipe their cards, which a user has labelled a "rort".