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 ...

Australia's central bank recorded its fourth straight year of accounting losses in 2024, it said on Friday, as the legacy of ...

Australia’s core inflation remained elevated last quarter, reinforcing the Reserve Bank’s view that price pressures will take ...

Australian consumer price inflation slowed to a 3-1/2 year low in the third quarter, though the core measure was still sticky ...

The Reserve Bank of Australia (RBA) is in charge of Australia’s monetary policy, meaning the central bank watches the economy for highs and lows and changes policy to smooth everything over. Decisions ...

Learn More When the Reserve Bank of Australia made its latest interest rate announcement on 24 September, the central bank opted to keep the official cash rate at 4.35%. It's been held at that ...

Australia’s central bank held its key interest rate at a 13-year high on Tuesday, aiming to keep up the pressure on ...

Australia’s unemployment rate held steady last month as employers kept hiring at almost the pace of a swelling population. The jobless rate in October was 4.1% for a third consecutive month, the ...

(RTTNews) - The Reserve Bank of Australia is unlikely to cut its interest rates before the first quarter of 2025 as the labor market conditions are still tight relative to full employment ...

Australia has announced plans to ban debit card surcharges that the country’s central bank estimates are costing consumers ...

SYDNEY (Reuters) -National Australia Bank said annual profit fell in line with forecasts as it shied from margin-crushing ...

SYDNEY (Reuters) - Australian consumer price inflation slowed to a 3-1/2 year low in the third quarter, though the core measure was still sticky and reinforced market wagers that the central bank ...