RBA Signals Key Rate to Stay at 12-Year High for Time Being
Australia’s central bank held its key interest rate at a 12-year high on Tuesday as it tries to subdue stubborn price pressures that are preventing it from joining a global easing cycle.
Australian Associated Press18h
Don’t put money on rates relief soon, borrowers warned
Mortgage-holders should not get their hopes up for near-term relief, says a hawkish Reserve Bank governor as the cash rate ...
Reuters5d
RBA to keep rates steady on Sept. 24, cut in Q1 2025 - Reuters poll
All 45 economists surveyed Sept. 12-19 expected the RBA to keep its official cash rate (AUCBIR=ECI), opens new tab on hold at 4.35% at the conclusion of its two-day meeting on Tuesday. A strong ...
Reuters7d
Australia's RBA to prioritise wholesale CBDC work over retail
In a conference speech, Reserve Bank of Australia (RBA) Assistant Governor Brad Jones announced the launch of a three-year digital money work plan for the RBA and Treasury called Project Acacia.
Sydney Morning Herald3d
Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying
The RBA meets early next week for its rates decision, keenly watched by mortgage holders given the bank has kept the cash rate at 4.35 per cent since November last year. While RBA governor Michele ...
SBS3d
What if the RBA cut rates? Here's what it would mean for your mortgage repayments
Source: Getty / courtneyk It's the interest rate-cutting decision that's spurred questions as to whether the Reserve Bank of Australia (RBA) should follow suit. What is widely considered the most ...
Sky News Australia9d
Australia's top economic advisors forecast RBA won't cut interest rates before Q2 2025 at the earliest
The RBA has held rates at 4.35 per cent since November last year and most recently maintained this stance at their August meeting. Oxford Economics Australia (OEA) has since warned households that ...
Motley Fool Australia4d
Here's what Westpac says the RBA will do with interest rates next week
But where does this leave the Reserve Bank of Australia (RBA) ahead of next week's cash rate meeting? Let's see what the economics team at Westpac Banking Corp (ASX: WBC) is saying about ...
Adelaide Now7d
RBA prioritises wholesale central bank digital currency
The Reserve Bank and Treasury have started a three-year digital money work plan to look at opportunities to uplift the efficiency, transparency and resilience of wholesale markets through ...
Sydney Morning Herald7d
The $6 trillion gamble the RBA isn’t willing to take
Bank assistant governor Brad Jones, in a speech in Melbourne on Wednesday, revealed the RBA would not move ahead with a so-called central bank digital currency, instead focusing on a digital ...
Motley Fool Australia5d
Can ASX 200 investors expect the RBA to follow the Fed and cut interest rates next week?
As it stands, Australia's official rate remains at 4.35%. After a series of 13 rate hikes commenced by the RBA in May 2022 to quash soaring inflation, that sees the benchmark interest rate at the ...
Australian Broadcasting Corporation10d
Coalition walks back in-principle support for restructuring RBA board
The move confirms the opposition has walked away from the key recommendation of the independent RBA review, after it decided to oppose Labor's reform proposal last week. The major parties are also ...