Reserve Bank of Australia

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Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief

By holding steady, the bank is signalling it is not yet fully convinced inflation is returning to target and is prepared to wait for further evidence before cutting again.

Inflation eases into Reserve Bank’s target as Chalmers touts Labor’s economic management

Inflation has fallen within the Reserve Bank’s target range for the first time since 2021.

The Reserve Bank will now have a separate board just to set interest rates. Here’s why that’s significant

The reforms will create two separate boards for the Reserve Bank of Australia (RBA) – one will be focused on monetary policy, the other on governance.

RBA keeps interest rate on hold amid persistent inflation and cost of living concerns

RBA officials reaffirmed adjusting policies as needed to ensure inflation targets are met, reflecting ongoing vigilance against potential risks.

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.

RBA decides to hold interest rates, bringing relief amidst ongoing economic challenges

The possibility of further tightening of monetary policy will depend on evolving data and risk assessments.

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

Are we in per capita recession despite GDP ‘steady in the face of pressure’

In the three months to June Australia’s household saving ratio plummeted to 3.2%, its lowest rate in 15 years.

Inflation has slipped below 6%, but is it enough to stop Reserve Bank from raising interest rates?

The prices of new dwellings grew more slowly as demand eased and problems with the supply of materials improved

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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