Interest rate

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Reserve Bank Holds Interest Rates Steady Amid Moderating Inflation

RBA emphasised its commitment to closely monitor global economic developments, domestic demand trends, and the labor market outlook.

Reserve Bank of Australia Maintains Interest Rate in Strategic Decision Amidst Economic Adjustments

By holding interest rates steady, the RBA aims to achieve a delicate equilibrium, ensuring that inflationary pressures are contained without stifling economic momentum.

Reserve Bank of Australia almost certain to raise interest rates after IMF sounds alarm on inflation

Living costs working-age borrowers are increasing at a higher rate than any other, fuelled by a 9.3% growth in mortgage interest charges

Petrol is holding up inflation – Let’s understand what’s happening to prices and what it will mean for interest rates

Reserve Bank indicated it would be examining inflation numbers closely when it next meets on Melbourne Cup Day November 7

Breathe easy RBA has kept interest rates on hold

Goods price inflation has eased, but the prices of many services are rising briskly

Homeowners’ anxious wait as RBA to take a close call on interest rate

Once all 12 hikes are passed on, RateCity analysis has the average borrower with a $500,000 mortgage stumping up well over $1100 extra

Breath easy, Reserve Bank hits pause on interest rates

"Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable time-frame."

RBA raises interest rate by 25 points to 4.10 per cent, Here’r details

The unemployment rate increased slightly to 3.7 per cent in April and employment growth has moderated.

RBA increases interest rate by 25 basis points to 3.85 per cent, indicating it’s not last

Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe.

Can you beat bank by paying $1 a day extra on your mortgage? Here’s how compound interest really works

To minimise the amount of compound interest you pay, there is one effective strategy.

Must-read

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
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