New figures suggest the Australian economy is still crawling along at a growth rate below two per cent, but Reserve Bank governor Philip Lowe has made it clear that negative interest rates are "extraordinarily unlikely" in response.
The Reserve Bank has held the cash rate at a record low 1.0 per cent amid what governor Philip Lowe called "increased" uncertainty for the global economy.
Australia's monetary expansion during the past decade has been among the most substantial in the developed world, according to recent data, with the Reserve Bank today continuing an easing policy.
The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing for two months in a row for the first time since 2012.
The Reserve Bank of Australia looks likely to cut the cash rate in June after Governor Philip Lowe said board members would discuss the move at their next monthly meeting.
The Reserve Bank of Australia has resisted temptation to cut the cash rate from its record low 1.5 per cent, but a move could still be on the horizon after it flagged concerns at the pace at which unemployment is falling.
The Reserve Bank of Australia has kept the official cash rate at a record low of 1.5 per cent as widely expected, but most economists believe a rate cut is around the corner.
The Reserve Bank of Australia's stance on rates may be getting a little less neutral after Australian economic growth fell well short of the central bank's own downgraded forecast.
The Reserve Bank has kept the official cash rate at a record low of 1.5 per cent despite noting Australian economic growth probably slowed in the second half of 2018.
The Reserve Bank of Australia has again kept the official cash rate at a record low of 1.5 per cent, but Governor Philip Lowe has tempered his economic outlook.
Perth's annual inflation rate has hit its highest mark in nearly three years, driven by rising electricity prices in the September quarter, according to the latest data from the Australian Bureau of Statistics.
Reserve Bank Governor Philip Lowe says wages growth has finally "picked up a little" as the central bank left the cash rate unchanged at 1.5 per cent for the 25th month in a row.
The next move for interest rates is up, but the outlook for jobs is good and a wage rise could be around the corner, says Reserve Bank governor Philip Lowe.
The Reserve Bank has left the cash rate unchanged at 1.5 per cent for the 24th month in a row, with RBA governor Philip Lowe adding the drought affecting large parts of the country to his list of concerns.
The Reserve Bank has left the cash rate unchanged at 1.5 per cent for a 22nd consecutive month, as it waits for job growth and an improving economy to deliver a boost to wages and inflation.
The Reserve Bank has left the cash rate unchanged at 1.5 per cent, with RBA governor Philip Lowe continuing to worry about weak household spending and sluggish wages growth.
The Reserve Bank of Australia has left the cash rate unchanged at 1.5 per cent, witht the central bank board continuing to worry about weak wages growth.
The Reserve Bank of Australia may not begin lifting interest rates until 2019 after reinforcing its expectations for only gradual improvement in wages growth and inflation over the year ahead.
Reserve Bank of Australia governor Philip Lowe thinks bitcoin is mostly attractive to criminals and speculators but has acknowledged there could one day be an electronic Aussie dollar based on similar technology.
Homeowners in Perth will have to wait another month to see if a predicted recovery in the residential property sector gains traction, following a 1.3 per cent fall in median prices in July.
The Reserve Bank of Australia has been forced to fire a stern warning at mortgage lenders, knowing any change to interest rates is a risk to fragile economic growth, economists say.
The Reserve Bank has held its benchmark interest rate at 1.5 per cent, saying increases in mining exports and a pick-up in consumption will support a return to reasonable economic growth after a dip in the September quarter.
New Reserve Bank governor Philip Lowe kept a steady hand at the tiller using his first monthly board meeting to leave the cash rate at record low 1.5 per cent.
New Reserve Bank of Australia governor Philip Lowe has defended the central bank's monetary policy framework, telling a parliamentary committee "we are not 'inflation nutters'".
The Assistant Governor of the Reserve Bank of Australia has joined other finanical experts in suggesting the Asian region had been largely insulated from the economic downturn and would aggressively outperform other global economies in the medium term.
