RBA

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Meet Michele Bullock, first woman Governor of Reserve Bank of Australia

The big question facing the bank at the moment is how high to lift interest rates to reign in inflation and bring it back towards the RBA’s 2–3% target band.

Michele Bullock appointed as new Governor of Reserve Bank of Australia

"It is a challenging time to be coming into this role, but I will be supported by a strong executive team and boards."

Reserve Bank of Australia leaves cash rate unchanged at 3.60 per cent, Here’r details

Growth in the Australian economy has slowed, with growth over the next couple of years expected to be below trend.

RBA raises interest rates to 3.6 per cent, 10th time in less than a year

Many firms continue to experience difficulty hiring workers, although some report a recent easing in labour shortages. As economic growth slows, unemployment is expected to increase.

RBA’s latest forecasts are grim for you, Here are 5 reasons why

The central bank expects Australia’s economy to slow this year due to rising interest rates, higher cost of living, and declining house prices.

Australia won’t put King Charles on its next $5 note

RBA further added that the new design was still some years away from coming into circulation.

How much extra your mortgage will be as Reserve Bank lifts cash rate to 2.6 per cent

"Unless you’re on a fixed-rate mortgage, the banks will likely follow the RBA’s lead and increase the interest rate on your variable home loan soon.

Reserve Bank of Australia records loss of $37 billion but what it means for us

The important question is: how can the Reserve Bank of Australia make a loss when it is printing money?

RBA to raise cash rate within week amid inflation rate increase to 5.1 per cent 

The rise in the cash rate will force banks to raise borrowing costs for households and businesses.

Market Mantra: Are we in trouble as Australian shares record worst month since March 2020

Most analysts believe that there is going to be a lot of scary ups and downs from here and any recovery day like Friday could be just that, a short-term relief

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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