Further rate rise to hit family budgets
The Reserve Bank of Australia board lifted the official cash rate to 1.35 per cent, adding to cost pressures on households.
central bank
‘R-word’ not on RBA governor’s horizon
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.
RBA hike due to ‘significant’ inflation
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.
Rate spike ‘difficult news’ for households
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.
Population level on a lower track: RBA
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.
RBA lifts cash rate, warns of more to come
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.
Rate hikes needed to curb inflation: RBA
Reserve Bank governor Philip Lowe has warned that without increases in interest rates, inflation will be a lot higher than present.
More signs of rate rise sooner than later
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.
RBA warns of quicker, steeper rate rises
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.
RBA warns watching inflation, wages data
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.
RBA’s Lowe warns higher inflation ahead
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.
Consumers fret over inflation, RBA unsure
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 upgrading growth predictions
Economists are upgrading their growth forecasts for Wednesday's national accounts after an expected drag from exports proved smaller than expected.
Strong wage growth still key to rate rise
Reserve Bank governor Philip Lowe has again put stronger wages growth as a key element before raising the cash rate.
Rate rise plausible later this year: Lowe
Reserve Bank governor Philip Lowe said a cash rate rise is "plausible" later this year but he is surprised by the multiple moves priced in financial markets.
RBA to stay patient before lifting rates
The Reserve Bank of Australia governor Philip Lowe says the central bank board is prepared to remain patient before lifting interest rates.
RBA sees professionals quit for higher pay
More Australian workers are quitting their jobs for better-paid ones, and the Reserve Bank of Australia has noticed professionals are leading the charge.