RBA fires off another rate rise but the end is in sight
The Reserve Bank of Australia has lifted interest rates again but toned down its language, opening the door to a pause or only one more rise.
The Reserve Bank of Australia has lifted interest rates again but toned down its language, opening the door to a pause or only one more rise.
Australia has reported another trade surplus ahead of the RBA's March cash rate decision, which is broadly expected to result in another hike.
Many Australians are facing a "painful squeeze" from the cost of living and rising interest rates, but the Reserve Bank is confident it's doing the right thing.
The Reserve Bank's hike in the cash rate to 3.35 per cent and indication of further rises has many concerned about the impact on jobs and the economy.
The Reserve Bank of Australia has announced a 25 basis point rise in the cash rate, taking it to 3.35 per cent - the highest since September 2012.
The federal government and the central bank want to foster competition in payment technologies to help drive down the cost of transactions.
The Reserve Bank has increased interest rates by another 25 basis points, locking in more mortgage pain for Australians over summer.
The Reserve Bank is prepared to do whatever is necessary to ensure the spike in inflation is only temporary and doesn't linger.
Mortgage holders are likely to endure more rate hikes but the central bank board wants to give its policy tightening a chance to flow through the economy.
The Reserve Bank of Australia sees inflation peaking higher, slower growth and a higher jobless rate as economic challenges intensify.
Reserve Bank of Australia Governor Philip Lowe has underlined his case for raising interest rates, warning that not doing so could have dire consequences.
The Reserve Bank of Australia has hiked rates by another 25 basis points on Melbourne Cup day, adding to the pressure already felt by mortgage holders.
More Australians holding on to high-denomination banknotes because they apparently want to keep cash close to hand, according to central bank data.
The Reserve Bank of Australia has finally taken its foot off the accelerator and slowed the pace of tightening after a series of jumbo rate hikes.
The central bank has defended its $281 billion bond-buying program but says it has had serious consequences for its balance sheet.
Economists say the RBA has laid the groundwork for less aggressive rate hikes, but the government acknowledges the latest decision will sting homeowners.
The Reserve Bank board is expected to lift the cash rate for the fourth month in a row when it meets on Tuesday, with economists tipping a 50 basis point rise.
The Reserve Bank of Australia has announced a 50 basis point rise to the cash rate, taking it to 1.35 per cent.
The Reserve Bank of Australia board lifted the official cash rate to 1.35 per cent, adding to cost pressures on households.
Reserve Bank governor Philip Lowe says a recession in Australia is not on his horizon, but after the past two years nothing can ever be ruled out.
The Reserve Bank of Australia board has raised the cash rate to 0.85 per cent from 0.35 per cent in the face of higher-than-expected inflation.
Treasurer Jim Chalmers says the 50 basis point increase in the cash rate by the Reserve Bank of Australia will be difficult news for households.
RBA assistant governor for economics Luci Ellis does not expect the population level to catch-up to the numbers lost during the period of closed borders.
The Reserve Bank of Australia board has raised the cash rate by 0.25 percentage points to 0.35 per cent following its monthly board meeting.
Reserve Bank governor Philip Lowe has warned that without increases in interest rates, inflation will be a lot higher than present.
The Reserve Bank of Australia warns in the minutes of its April board meeting that rising inflation has brought forward the timing of a cash rate rise.
The Reserve Bank warns borrowers to be prepared for interest rates to rise more quickly than anticipated, as politicians gear up for a cost-of-living election.
The Reserve Bank of Australia board has left the cash rate unchanged, but warns it will be monitoring inflation and wages figures in coming months.
Reserve Bank governor Philip Lowe has warned higher rates of inflation are ahead, signally he will be keeping watch on data results in coming months.
The Reserve Bank of Australia minutes from its March 1 board meeting show there is uncertainty how inflation will evolve in the face of the Ukrainian war.
Economists are upgrading their growth forecasts for Wednesday's national accounts after an expected drag from exports proved smaller than expected.