The Reserve Bank of Australia (RBA) is Australia's central bank and derives its functions and powers from the Reserve Bank Act 1959. Its duty is to contribute to the stability of the currency ...
RBA Putting Time, Attention Into Gauging China Stimulus Impact Sees households, unions extrapolating less from high prices RBA has kept key rate at 12-year high as other banks cutting ...
RBA Set to Hold Key Rate to Counter Sticky Prices, Global Risks Policy makers to stand pat a 4.35%, marking year at that rate US election, China economy among host of global uncertainties ...
The ban, subject to consultation with the RBA, is an attempt to relieve pressure on family budgets in the months ahead of a federal election. But small business groups are warning that there may ...
Punters were left disheartened by the central bank's announcement on Melbourne Cup Day. The Reserve Bank of Australia (RBA) has announced another rate hold after the September CPI data reinforced the ...
Andrew Hauser, the Reserve Bank's deputy governor, has defended the RBA's practice of holding private off-the-record briefings with Australia's private financial institutions. It follows a recent ...
That came as the RBA followed on the heels of major central banks across the globe, slashing rates in hopes of stoking 'stubbornly absent' inflation. As they say, be careful what you wish for!
Mastercard and Visa have warned of the "unintended consequences" if the Reserve Bank of Australia (RBA) makes changes to card fees. The RBA is conducting a large-scale investigation into the card ...
But the bank has now fallen into line with the three other major banks, saying the RBA won’t move till its first meeting of 2025 in February. “The data was almost certainly a touch too strong ...
The RBA firmly blames a lack of housing – and not rising interest rates – for Australia’s housing woes. RBA report authors ...
While the annual rate of headline inflation sank to a 3½-year low of 2.8 per cent due to the lower fuel prices and the impact of government subsidies on electricity price, the RBA is unlikely to ...
Australia is one week away from hearing whether the Reserve Bank of Australia (RBA) will move to drop, hold or increase interest rates. November 2023 was the last time the cash rate was increased and ...