The Latest Breaking News from Reserve Bank

The head of the Reserve Bank Philip Lowe has thrown his support behind measures to boost energy and housing supply to cool inflation.

Greens senator Nick McKim accused the governor of "inducing many Australians to take out mortgages in the belief that interest rates wouldn't rise until 2024".

New Zealand’s reserve bank says spending levels still need to be reduced with rate rises, in order to tame inflation

Demand for services has cooled off but manufacturing conditions remain relatively robust, according to a new survey.

The Reserve Bank governor warns the global economic conditions that helped central banks keep inflation low and stable are reversing, making for more economically volatile times, and potentially higher interest rates ahead.

The Reserve Bank is prepared to do whatever is necessary to ensure the spike in inflation is only temporary and doesn't linger.

Increasingly, climate change is at the centre of government decision-making.

Ostensibly Labor's workplace laws are about "getting wages moving", but what it really comes down to is the right for workers to strike.

Inflation is more than double the headline wages growth – wages are lagging, not leading, Michael Pascoe writes.