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 ...

SYDNEY—Government plans to reform the Reserve Bank of Australia by introducing a dual-board system—one for setting interest rates and the other for day-to-day governance—have stalled and are ...

Which suggests this week's outburst marks a decisive shift in the economic debate. Whether pummelling the RBA makes the government look desperate or strong will be for voters to decide.

Read our advice disclaimer here. The RBA Governor Michele Bullock has quashed hopes of a rate cut in the near-future, while acknowledging that some borrowers may be forced to sell their homes in ...

Sunrise host Nat Barr asked Mr Chalmers on Tuesday. Mr Chalmers denied he was trying to shift the spotlight onto the RBA or that there was a shift in the government’s rhetoric. “I think it is ...

SYDNEY—With just two weeks to go before she completes her first anniversary as governor of the Reserve Bank of Australia, Michele Bullock can look back on a year in which she has neither bent ...

But I think the RBA has done a good job. “Businesses have seen not only an increase in borrowing costs, but on top of that inflation has been stubborn, so they’ve had a significant increase in ...

Australian Treasurer Jim Chalmers says he has “the utmost respect” for the independence of the Reserve Bank, while again blaming its policy for slow economic growth.

Dr Chalmers is blaming the economic outlook on the RBA's rate hikes. Treasurer Jim Chalmers has declared the Reserve Bank is “smashing the economy” with its cash rate increases.

The overnight comments were seen as the government appearing to shift blame onto the RBA ahead of the release of Wednesday’s June quarter GDP figures that are expected to show a meagre 0.2 per ...

John Simon has also urged Treasurer Jim Chalmers not to automatically shift all existing RBA board members to a new interest-rate setting board, given an independent review last year found the ...