Posts tagged "reserve bank of australia"

Rising interest rates are meant to encourage saving. But our high savings buffer means we're still spending freely while inflation rises.

You might not know it from reading Tuesday’s statement announcing Australia’s eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough.

The Reserve Bank of Australia has lifted the lid on a crippling outage that halted transactions flowing through the New Payments Platform in mid-October.

Reserve Bank governor Philip Lowe also says inflation will hover above 3% in two years.

Australia's unemployment rate is heading lower. Yet while typically good news, it's a sign inflation is still struggling to be tamed.

With the cost of seemingly everything rising, why are house prices falling? And who will be hit hardest?

One favourite has already come good on Melbourne Cup day after the Reserve Bank of Australia raised its cash rate target 25 basis points to 2.85%.

The Reserve Bank's Payment Systems Board says take-up of the PayTo service is being impeded by the slow rollout at retail institutions.

The Reserve Bank of Australia today lifted the cash rate target 0.25% to 2.6%, undercutting market predictions of a sharper 0.5% hike and signalling a slowdown of the central bank's inflation-busting strategy.

Which iconic Australian would be worthy of a feature on the $5 note, if not King Charles? Have your say in our poll.

There are several reasons to think Australia might be able to escape a global slide into recession — though it will need careful management.

The Reserve Bank of Australia has substantively shifted its position on how banks and credit card schemes prioritise their products in mobile wallet Apple Pay.