News Articles for Reserve Bank of Australia

The cash rate has hit its highest level since December 2012, with a $500,000 home loan now costing $880 more per month than before the hikes started in May.

Experts expect the Reserve Bank to lift interest rates again in December, but there's also a chance it could finally hit the brakes.

The manufacturing sector has finally contracted after three months of flatlining, in a sign that less than favourable economic conditions are now hurting.

Retail sales were flat in WA in October, indicating consumers may have tightened their wallets in response to rising interest rates.

Reserve Bank boss Philip Lowe has admitted language around the 2024 interest rate forecast was not clear enough and apologised for the miscommunication.

Consumer confidence has recovered a little after weeks of declines, with people feeling slightly less bleak about the future of their finances and the economy.

Nadia Budihardjo talks about short-stay rental accommodation rules and efforts by the state government to regulate the industry.

The cash rate has been hiked for the seventh consecutive month, up 25 basis points to be 2.85 per cent, as the Reserve Bank predicts inflation will hit 8 per cent this year.

Gary Adshead and Matt Mckenzie react to Jim Chalmers' first budget as treasurer and today's inflation numbers

Ballajura and Alexander Heights are among Perth's top spots for mortgage delinquencies, according to data obtained by Moody's Investors Service trawling through residential mortgage backed securities.

Senior editor Mark Beyer updates listeners on the last two months of project approvals and muses about what's next for the resources sector.

The dropping Aussie dollar will impact inflation by only 0.2 percentage points, the RBA says.

The weakening Australian dollar will make imports more expensive but the RBA says its effects will be relatively minor.

The number of Western Australians in employment fell in September, while the national jobless rate held steady at 3.5 per cent.

The opposition says the government is trying to till the soil for changes to the stage three tax cuts.

The central bank has shifted gears and moderated its rate hikes, with some economists concerned this could prolong the rate hiking cycle.

Senior journalist Claire Tyrrell talks about climate risks in the building industry and discusses highlights from her recent conversation with Garry Brown-Neaves.

The debate over the size and frequency of interest rate moves is healthy and justified.

The nation's central bank has reacted to concerns about the pace of interest rate rises with a softer-than-expected decision, lifting the official cash rate 25 basis points to be 2.6 per cent.

Stopping inflation may be harder than many expected, while the merits of proposals to boost wages such as pattern bargaining are not clear.

Mark Beyer and Matt Mckenzie talk about market volatility, inflation, rising revenue in budgets, Fremantle Ports, NAIF and the next edition of our magazine.

Hopes of a smaller interest rate rise may have been premature with most experts forecasting another 50 basis point hike.

Jordan Murray and Matt Mckenzie discuss the RBA review, inflation targeting, and whether the central bank needs a shake-up.

Philip Lowe has denied saying interest rates wouldn't be lifted until 2024 as an independent review into the reserve bank is set to examine the effectiveness of its communication.

Political editor Gary Adshead talks about the array of views he encountered in the course of writing about Fremantle Bridge.

Senior journalist Matt Mckenzie reflects on his visit to New Orleans and how the city organically became a tourist destination.

The RBA cash rate looks set to move past 3 per cent in months ahead; while the average WA home loan inked in April will now cost $610 more per month after five consecutive rate hikes.

The Reserve Bank of Australia board is tipped to lift rates again, with another 0.5 percentage point rise likely on the cards.

WA businesses plan to lift their salary budgets by 24 per cent to compete for talent and respond to inflation, according to a survey by professional services recruiter Robert Half.

Commonwealth Bank of Australia has matched this week's move by the central bank and raised its variable home loan rates.

The nation's benchmark interest rate has been lifted 50 basis points by the central bank today to be 1.85 per cent.

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.

Premier Mark McGowan says international factors are driving inflation, after Perth prices rose 7.4 per cent in the year to June, Australia's highest rate.

Mark Barnaba's term as an RBA board member has been extended by one year as a review of Australia's central bank raises the possibility of a major governance shakeup.

Moves to lift the official cash rate show no sign of slowing, with the Reserve Bank indicating interest rates will need to be much higher to stop inflation.

Two speeches in two days will give the Reserve Bank of Australia an opportunity to demonstrate how hawkish it is feeling as rate hikes loom.

Bad press amid a cryptocurrency downturn has done little to shake the faith of local observers.

ANALYSIS: Living standards are being hit and wealth shredded by rocketing inflation in the United States, but there's dramatic, and potentially telling, differences across countries.

ANZ has followed Commonwealth Bank in raising mortgage rates following the central bank's decision to lift the cash rate to 1.35 per cent.

As the Reserve Bank hikes the cash rate for the third month in a row, rents are higher across city and regional areas.