RBA

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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

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.

Must-read

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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