Bank chief doubts trade-war risk will cancel Christmas
The Ghost of Christmas Yet to Come has visited the RBA deputy, revealing little chance of the global economy plunging into another Depression.
central bank
Rates stay on hold and hope for February cut revived
Long-awaited mortgage relief looks closer as the central bank takes another interest rate hike off the table and lays the groundwork for future cuts.
Top bank chief reveals why rates are still on hold
Australia's top central banker reveals why she still hasn't pulled the trigger on interest rate cuts despite similar countries already taking action.
‘Guarded references’: Door opening to rate cuts
The Reserve Bank of Australia remains 'vigilant to upside risks to inflation' but has stepped through a number of scenarios allowing it to cut interest rates.
Jobs market in focus as investors chew Trump triumph
Donald Trump's return is having no immediate impact on central bank inflation outlooks but domestic jobs figures could change the calculus for the RBA.
No change to RBA forecasts after Trump election
The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation.
RBA resists taking a punt on Melbourne Cup day rate cut
The Reserve Bank has not gambled on a Melbourne Cup rate reduction, with punters left to ponder whether borrowers will receive a windfall before Christmas.
Labour shortages still ‘number one’ concern: RBA
Firms are struggling to retain workers as activity from mining, infrastructure projects and even the 2032 Brisbane Olympics keeps demand for labour high.
Spring brings brighter outlook as rate hike fears fade
As signs of improving consumer and business confidence emerge, economists are speculating the Reserve Bank might be shifting its thinking on interest rates.
War of words over inflation as national debt dives
Australia lags behind western nations in tackling inflation, the shadow treasurer says, as the Reserve Bank mulls whether to lower interest rates.
Labor, expert lash ‘crazy’ call to step in over rates
Calls for Canberra to intervene with the Reserve Bank to lower interest rates to get financial reforms over the line have been rejected by Labor.
Don’t put money on rates relief soon, borrowers warned
Mortgage-holders should not get their hopes up for near-term relief, says a hawkish Reserve Bank governor as the cash rate was again held at 4.35 per cent.
Fading economy yet to unlock rate cuts for watchful RBA
The economy might be slowing but the Reserve Bank chief wants inflation to moderate further before opening the door to interest rate cuts.
Landlord’s market as property investor lending swells
Lending to investors continues to lead the charge and outpace home loans taken out by owner-occupiers.
Gloomy growth, interest rates sore points for Treasurer
The economy is stuck in the slow lane and Treasurer Jim Chalmers says that's by design, with higher interest rates necessary to tame inflation.
Economy ‘nowhere near recessionary’ despite predictions
Australia's economic forecasts might not be as positive as hoped but there are still signs of strength in the economy, an expert says.
Inflation steps down but ladder still steep for RBA
A mixed set of inflation numbers are unlikely to move the needle for the Reserve Bank as it weighs interest rates and persistent price pressures.
Rate-cut hopes hit brick wall as RBA cements stance
Borrowers are being warned to not bank on any short-term relief on their mortgages as the RBA talks down hopes of an interest rate cut in 2024.
Fresh recession fears in NZ as central bank cuts rates
The Reserve Bank of New Zealand believes the country is in recession, as it moves to cut the official cash rate to 5.25 per cent.
Beware of economic ‘false prophets’, warns Reserve Bank
Reserve Bank deputy governor Andrew Hauser says projecting future movements in the economy is inherently uncertain and overconfidence is a red flag.
RBA governor warns rate cuts not on near-term agenda
The Reserve Bank of Australia has kept interest rates steady and tempered expectations of imminent cuts, warning inflation remains "too high".
RBA minutes to be dissected for interest rate clues
The minutes from the June interest rate meeting are expected to show a discussion of a hike as well as holding rates steady.
Chance of sharp uptick in jobless rate on RBA’s mind
The heat is starting to come out of the labour market but minutes from the RBA meeting show concerns that if unemployment starts rising, it will move fast.
‘No smoking gun’ to hike rates though prices risks lurk
The path to beat inflation without tanking the economy is getting narrower, the Reserve Bank of Australia confirmed in minutes from its last meeting.
Rates on hold yet inflation risks remain on RBA’s radar
The threat of inflation has not been neutralised and the Reserve Bank is still prepared to pull the trigger on another interest rate hike if needed.
central bank
economy, business and finance
inflation and deflation
money and monetary policy
politics
Chalmers eyes soft landing amid budget criticism
The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says.
Australians need assurance on ‘toxic’ inflation: RBA
The RBA's strategy of bringing down inflation gradually to protect the jobs market is a different tactic but it has worked, the central bank's new deputy says.
Reserve Bank keeps options open on interest rates
Interest rates could go higher again if inflation proves stickier than expected or moves higher, the head of the Reserve Bank of Australia says.
Rates on hold but RBA ‘vigilant’ to inflation risks
Mortgage holders have been spared more interest rate pain but emerging inflation risks have the Reserve Bank on high alert.
Rates on hold but RBA ‘not ruling anything in or out’
Interest rates have been left steady for another meeting and the Reserve Bank has kept its options wide open when it comes to future moves.
‘Nothing’s in, nothing’s out’: RBA keeps options open
The Reserve Bank kept interest rates on hold this month but needs to be convinced it's done enough on inflation before considering cuts to the key cash rate.