News Articles for Reserve Bank of Australia

Australians spent big at the altar of rock gods AC/DC and Oasis, continuing a run of strong household spending that will add to the Reserve Bank's concerns over inflation.

The Reserve Bank has held the cash rate at 3.6 per cent, ending 2025 on a pause as inflation proves stickier than expected.

Australia's central bank has kept the interest rate steady at 3.6 per cent following a spike in inflation readings recently.

Perth has experienced its fastest monthly growth rate in home values in more than one year, according to new data.

Australia's central bank has held the cash rate steady at 3.6 per cent, amid an uptick in inflation readings and widely inline with market expectations.

Electricity prices and housing costs have fuelled a fourteen-month inflation peak ahead of the Reserve Bank's monetary policy meeting next week.

Reserve Bank governor Michele Bullock has warned no institution is immune from cyber threats, using a Perth lecture to stress technology's opportunities and risks for central banking.

Australia's cash rate has been cut for the third time this year, down a further 25 basis points, after inflation fell to its lowest annual rate in four years last month.

Australia's inflation eased to 2.1 per cent in the June quarter, bolstering expectations the Reserve Bank will cut interest rates at its August meeting.

Australia's unemployment rate rose to 4.3 per cent in June, the highest since 2021, fuelling expectations the Reserve Bank will cut rates next month.

The Reserve Bank of Australia has kept the cash rate unchanged at 3.85 per cent, shocking markets which predicted a 90 per cent chance of a 25 basis point cut.

Despite cost-of-living being a key issue on most Australian's minds, new data from the Australian Bureau of Statistics indicates confidence in the economy.

New data on property prices has shown the highest growth since September last year.

Westpac has forecast an interest rate cut by the Reserve Bank of Australia in July rather than August, but added this may not be the “shoo-in” everyone's expecting.

The Reserve Bank delivered a 25-basis-point cut as predicted, but analysts warn the window for further easing may be narrowing.

ANALYSIS: Business News recaps a week's worth of ABS data and looks at where the economy is headed next.

The cash rate remains at 4.1 per cent following the Reserve Bank's latest policy meeting.

Word on the street is that the RBA will keep interest rates on hold at tomorrow's meeting, but another cut could be on the cards in late May.

Corporate regulators have called on the local bourse to put the “highest priority” on resolving the underlying issues that led to a settlement system failure in 2024.

Headline inflation dropped to 2.4 per cent in February ahead of next week's rate cut call.

Australia's consumer price index – a key measure of inflation – held steady at 2.5 per cent over January.

The Reserve Bank of Australia has cut the cash rate for the first time since November 2020, but governor Michele Bullock has warned the inflation fight isn't over.

Consumer confidence dropped to its lowest point this year, according to new Roy Morgan data, as Australia waits on the Reserve Bank's pivotal rates decision, due later today.

Australia's consumer price index rose 0.2 per cent in the December quarter, buoying expectations the Reserve Bank of Australia could cut rates in February.

Australia's trimmed mean inflation fell to 3.2 per cent in November, but jobs figures suggesting a tightening of the labour market have dashed hopes of a February rate cut.

Our weekly appointments wrap includes Ryan Hall, Jo Gaines, Elena Limnios, Warren Hallam, Marnie Baker, Renee Fry-McKibbin, Cate Brooks and Ross Donaldson.

The heat's building over interest rates as Australia leads all comers in the race no-one wants to win.

Treasurer Jim Chalmers has appointed a former banking executive and an economics professor to the Reserve Bank board, following a six-month review into monetary policy setting.

The Reserve Bank of Australia has held the cash rate steady at 4.35 per cent as expected but economists have noted a shift in the board's tone.

Australia's annual inflation held steady at 2.1 per cent for October, remaining at its lowest since mid-2021.

Australia has recorded another month of solid employment growth, reinforcing the expectation of no interest rate cuts until mid 2025, though WA has bucked the positive jobs trend.

Annual inflation has returned to within the Reserve Bank's target band for the first time since 2021, but experts say energy and rent assistance measures were hiding the true figure.

Surcharges charged on debit card purchases by merchants could be banned under a review of payment systems, announced today.

The nation's inflation rate has eased to 2.7 per cent in August, its lowest reading in two and a half years, according to fresh figures form the Australian Bureau of Statistics.

The Reserve Bank of Australia has opted to hold the cash rate steady at 4.35 per cent, leaving it unchanged since November 2023.

Australia recorded another month of strong jobs growth in August, with the data reducing the prospect of interest rate cuts in the next few months.

Australian Treasurer Jim Chalmers says he has “the utmost respect” for the independence of the Reserve Bank, while again blaming its policy for slow economic growth.

The Reserve Bank's decision to keep rates steady will not have a material impact on the housing market, according to CoreLogic.

The Reserve Bank of Australia has kept the cash rate its July level, 4.35 per cent, foregoing a rate increase amid global market uncertainty.

A surprise uptick in Australia's inflation rate has lifted the chances the Reserve Bank of Australia will increase interest rates again as it struggles to stifle price pressure.