The Latest Breaking News from Reserve Bank

The Reserve Bank of Australia board is expected to announce a 25 basis point rise in the cash rate when it meets on Tuesday, adding to cost of living pain.

Higher interest rates, falling home prices and real wages, but no recession. The economic forecast from top financial experts.

Australia’s Reserve Bank is set to push up rates once again at its first meeting for the year on Tuesday, according to all but two of the 29 leading economists surveyed by The Conversation at the start of 2023.

Letters explaining the future of Australia's $5 note, which will include a replacement for the portrait of the monarch with a new design, have been released.

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

Jim Chalmers likes to say we need national “conversations” about the economic issues facing the country. Now, just as the new parliamentary year is set to begin on Monday, Chalmers has bought himself a doozy of a conversation, with his essay advocating we embrace “values-based capitalism”.

KING Charles III’s image will not feature on Australia’s new five dollar banknote.

An effigy of the Queen will continue to be printed on Australia’s coins until the Royal Australian Mint transitions to a portrait of the King

Tony Abbott leads the praise inside St Mary’s Cathedral while protesters outside face off with funeral attenders in sometimes heated exchanges

The future design is intended to pay tribute to "the culture and history of the First Australians"

Government backs Reserve Bank decision to replace Queen Elizabeth II’s portrait with design ‘honouring culture and history of First Australians’