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 ...
Today’s must-reads: • RBA seen holding key rate • Westpac’s profit beats • Student loans to be cut Australia’s central bank is poised to keep interest rates at a 13-year high ...
A $4.2-billion shortfall revealed in the RBA’s 2023-24 annual report on Friday takes the central bank’s cumulative losses stemming from extraordinary stimulus measures handed out during the ...
Read our advice disclaimer here. The Reserve Bank of Australia (RBA) has decided to keep the cash rate steady, in a widely expected move that will nevertheless be a blow to mortgage-holders.
We expect the RBA to keep the cash rate unchanged at 4.35% at the 5 November meeting. The benign Q3 CPI report removes any residual risk of further tightening in November. AUD weakness may reverse ...
“So is it right to characterise the RBA position as of this morning as unclear in terms of what the United States election outcome means for inflation outlooks.” Speaking more ...
Gift 5 articles to anyone you choose each month when you subscribe. RBA deputy governor Andrew Hauser had lunch with 300 odd heavyweight investors. He showed these sorts of central banker-market ...
The RBA firmly blames a lack of housing – and not rising interest rates – for Australia’s housing woes. RBA report authors Declan Twohig, Anirudh Yadav and Jonathan Hambur argue that while ...
Hauser was speaking Monday in Sydney after rates traders pushed back the expected timing of the first RBA cut to April from February, following strong employment data on Thursday. They had ...
RBA boss’ insane pay packet revealed. Australia’s new Reserve Bank governor Michelle Bullock has received a nearly $400,000 a year pay increase after stepping into the top job. According to the RBA ...
SYDNEY—Australia’s central bank is set to resist pressure to cut interest rates even as its closest peers pick up the pace of their policy easings. Both the Bank of Canada and the Reserve Bank ...
RB Global (RBA) shares soared 6.4% in the last trading session to close at $86.29. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares ...