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.
central bank
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.
RBA gift wraps end-of-year rate relief for borrowers
Borrowers have been spared more cash rate pain at the final Reserve Bank of Australia policy meeting of the year.
UK central banker nabbed to take over as RBA deputy
Bank of England's Andrew Hauser will be the next deputy governor of Australia's central bank, bringing a "fresh, global perspective" to the key institution.
Cup day rate hike extends finishing line for borrowers
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
Photo finish looms for Melbourne Cup interest rate call
Australian borrowers could be hit with another interest rate hike at a closely run Melbourne Cup Day cash rate call.
RBA fires off Melbourne Cup day interest rate hike
Mortgage-holders have been hit with another interest rate rise as the Reserve Bank intensifies its fight against inflation.
New bank chief holds rates but a rise is still in play
Borrowers have been spared further mortgage pain but one more interest rate hike or a longer stretch on hold may be needed to wrangle inflation under control.
Inflation cooling to plan but fuel on RBA’s watchlist
The Reserve Bank of Australia appears comfortable with the inflation outlook but there are concerns about petrol prices and a weakening Chinese economy.
Government ‘helping hand’ ideal to control prices: Lowe
A bigger role for government in managing economic cycles and acting on sluggish productivity features on Philip Lowe's wish list for a stronger Australia.
Borrowers get a break from Lowe blows as rates hold
Interest rates have been left untouched in September in welcome news for borrowers already feeling the pain of higher monthly repayments.
RBA primed for rate pause but more hikes not ruled out
Inflation is tracking in the right direction and is expected to embolden the Reserve Bank to keep interest rates on hold in September.
RBA primed for rate pause, but more hikes not ruled out
Inflation is tracking in the right direction and is expected to embolden the Reserve Bank to keep interest rates on hold in September.
Reserve Bank keeps rates on hold for third month in row
Interest rates will stay unchanged at 4.1 per cent in September after outgoing RBA chief Philip Lowe's final cash rate decision.