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.
interest rate
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.
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.
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.
Building costs in the frame for ongoing housing crisis
The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.
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".
Rates likely on hold with Reserve Bank coy on next move
The August interest rate meeting will dominate the week's economic agenda, with the Reserve Bank tipped to leave rates unchanged.
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.
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.