‘Incorrect’: PM mocks RBA boss
Anthony Albanese made a subtle dig at Reserve Bank governor Philip Lowe while speaking at an event held in Sydney.
Find the latest news and finance updates for the Reserve Bank on Australia, from cash rate increases to economic forecasts.
Anthony Albanese made a subtle dig at Reserve Bank governor Philip Lowe while speaking at an event held in Sydney.
Another big four bank has reacted to the latest RBA decision, as Aussies face the heaviest mortgage repayment burden in history.
Another major lender has announced that it will follow the Reserve Bank’s decision to increase interest rates on its home loans.
The RBA spent nearly $25,000 of taxpayers’ money on an exclusive dinner for Perth’s business elite hours after raising the cash rate.
Outrage is continuing to grow at Philip Lowe after the RBA governor’s advice to Aussies struggling with soaring interest rates.
RBA boss Philip Lowe refused to comment after he was awkwardly welcomed to a finance summit only a day after he served a blow to mortgage holders.
A day after interest rates were increased for the 12th time, the Reserve Bank boss has said Aussies should work more and spend less.
More than 2000 homes were wiped from the state’s new build pipeline in the first data to reflect the impact of interest rate hikes on the nation’s housing construction sector.
Homeowners will soon be forking out record-high amounts on their mortgages as the Reserve Bank warns there could still be more rate hikes to come.
Finance guru Mark Bouris says he is “filthy” about the RBA’s latest interest rate rise, saying it “could be the nail in the coffin” for homeowners.
The RBA boss has made a bold statement about whether Australians should receive a pay boost while defending the bank’s latest rate hike.
Fears Australia is tracking for a recession have been shot down despite an acknowledgment the next 18 months are going to be “pretty hard”.
It feels like Groundhog Day for Aussies as the RBA twists the knife further — but the truth is Phil Lowe is caught between a rock and a hard place.
One of the big four banks has been quick to pass on the latest rise after the Reserve Bank handed down its interest rate decision.
A coy statement could have the Reserve Bank boss sweating about his future after he handed down the 12th interest rate hike in 13 months.
As the Reserve Bank decides whether to hike rates up or hit the pause button again, new figures have revealed how the cost of living crisis is hitting Aussies.
New research has shed light on the staggering number of Aussies struggling with mortgages ahead of the Reserve Bank’s interest rate decision.
The cost of buying a home is continuing to rise across most of the country as Australians scramble to purchase a property.
With yet more interest rate rises expected from the Reserve Bank, one of the country’s largest lenders has announced it will buck a “big four” trend.
According to leading economic research firm Capital Economics, the RBA may need to contemplate an awful move for homeowners
The Reserve Bank governor has made a depressing suggestion to Aussies wondering how they will afford another rent hike, with prices tipped to rise 10 per cent.
Renters were left gobsmacked when the RBA Governor told them to get a housemate to lower rent. So they’ve posed a priceless question in return.
While inflation is still far too high, there’s good news for Australians about wages according to the Treasury boss.
Australians coming off low interest rate Covid-era home loans are falling into the trap of mortgage prison, stuck and unable to refinance.
As Australians have been slugged with 11 rate hikes since May last year, many are hoping for them to be slashed. But it would spell bad news for some.
The Reserve Bank of Australia board has warned inflation won’t reach its peak for years, which could mean a lot more interest rates pain.
There appeared to be some light at the end of the tunnel for cash-strapped Aussies – but all signs point to a big crash back down to earth.
Unreleased modelling and emails between economists show a scenario that places Australia’s risk of recession as high as 80 per cent.
Australians were shocked when a surprise interest rate rise was pushed through this month. Now more pain could be inflicted on homeowners.
Australians struggling with the cost of living in the wake of the RBA’s 11th rate hike have been given a grim warning.
Original URL: https://www.news.com.au/topics/reserve-bank/page/11