As Canada cuts rates, RBA doves come home to roost
After hitting inflation hard and early, the Bank of Canada is already cutting rates while their dovish Australian counterparts contemplate another rate hike.
interest rate
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.
Slower US consumer price growth boosts rate cut hopes
Expectations for an interest rate cut in 2024 have been given a boost by US consumer prices increasing less than expected in April.
Rate peak to buoy confidence and possibly home prices
Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.
Inflation surprise all but confirms end to rate hikes
Economists are sounding the death knell for the sharpest interest rate tightening cycle since the 1980s after inflation dropped faster than expected.
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.
Banks pass on rate hikes to thrifty home loan customers
Some mortgage holders are already trimming their spending and working extra hours, with the latest rise to put more pressure on households and the economy.
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.
Auction jump ahead of expected Cup day rate hike
An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.
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.
US Fed raises rates to highest level in 22 years
The US central bank has raised interest rates by a quarter of a percentage point, saying inflation in the country remains elevated.
Consumers are not buying RBA’s interest rate pause
The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.
Rates and inflation keeping clamp on consumer sentiment
The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.
Relief as Reserve Bank hits pause on interest rates
Borrowers will welcome a break from interest rate hikes as Australia's central bank opts to keep the official cash rate steady at 4.1 per cent.
Inflation-beating pay rises can’t be widespread: RBA
RBA governor Philip Lowe says the lowest-paid workers need to be insulated from high inflation but a surge in wages across the board could be a problem.
Treasurer maintains growth view despite fresh rate hike
A recession is still unlikely, the treasurer asserts despite fears the Reserve Bank's aggressive interest rate hikes could tip the economy over the edge.
Reserve Bank hands out surprise interest rate hike
Australia's central bank has lifted interest rates again after taking a break from increases last month and has kept more tightening in play if needed.
Interest rate hike number 11 sparks recession worries
The Reserve Bank's decision to fire off another interest rate hike has some worried the economy might get hammered too hard.
Relief on rates but don’t bank on an end to rises
The Reserve Bank of Australia has delivered welcome interest rate relief to mortgage holders and kept the cash rate on hold.
More economists predicting RBA will pause rate hikes
Westpac, St. George, HSBC, JP Morgan and AMP now expect the Reserve Bank won't raise rates in April - but ANZ and CBA still forecast a rate hike.
Reserve Bank closer to hitting pause on rate hikes
After delivering 10 interest rate rises in a row, the Reserve Bank could put further increases on hold to gauge the impact on soaring inflation.
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.
Mortgage holders brace for another interest rate blow
The Reserve Bank is expected to raise interest rates again, turning up the heat on already stretched household finances.
RBA boss says it’s unlikely interest rates have peaked
It's unlikely the cash rate has peaked at 3.35 per cent, the Reserve Bank boss has warned, without offering any indication of how many more to expect.
Reserve Bank flags higher rates to tackle inflation
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.
Reserve Bank hikes interest rate, flags further rises
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.
Households cashed up for rates rise: RBA
Most households except recent first-home buyers have enough savings to cope with rising interest rates, which the ANZ tips to reach three per cent this year.
US central bank hikes by 75 basis points
The US Federal Reserve has approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.