Borrowers ‘very unhappy’ with us: RBA
New RBA governor Michele Bullock has made a frank admission, conceding borrowers are displeased with the central bank after its punishing rate hikes.
Reserve Bank
Find the latest news and finance updates for the Reserve Bank on Australia, from cash rate increases to economic forecasts.
RBA reveals new deputy governor
A top official at the UK central bank is set to make the move to Australia and join the Reserve Bank as it battles to tame persistent price pressures.
One thing Aussies ditching in droves
Cash is no longer king, a new survey has found, with less than one in 10 consumer payments made with notes and coins.
RBA chief’s ‘homegrown’ inflation warning
Inflation is increasingly being driven by domestic factors, not those from overseas, RBA governor Michele Bullock says.
ASX climbs despite grim rates warning
Despite a fresh warning the RBA is still prepared to hike interest rates, markets were buoyed from a rally by iron ore miners.
Sorry stat that’s not helping rate rises
As the Reserve Bank mulls a 14th rate hike, freshly minted governor Michele Bullock has warned current levels of wages growth are unsustainable.
More rate rises flagged by RBA
The risk of more rate hikes in the months ahead would have increased had the RBA opted against increasing rates on November 7, fresh meeting minutes have revealed.
Interest rate rise delivers almost instant Brisbane auction blow
Owner-builder John Haley took his cottage to auction the day after the Reserve Bank of Australia hiked interest rates. Here’s what happened.
Red flags that could hurt your chance to buy a home
The big and little things that you are buying might impact your borrowing capacity, beyond the Reserve Bank of Australia. Here’s how to stay ahead of the game.
New rate hike fear as Aussie wages spike
With annual wages growth hitting its highest levels in almost 15 years, economists are split on the RBA’s next move on interest rates.
Grim detail as rental crisis worsens
Things have gone from bad to worse for renters as new figures reveal affordability in the majority of Australia has hit its lowest level since before the Covid-19 pandemic.
‘Bumpy’ road ahead for inflation, RBA warns
Households and businesses shouldn’t expect the path to curtail persistent price pressures to be quick or direct, the Reserve Bank has warned.
‘Over egged’ rate rise could cause recession
A top economist has lashed the Reserve Bank for Tuesday’s unnecessary rate rise, which could push Australia into a recession.
Dire income outlook for Aussie households
The Reserve Bank’s latest quarterly statement has painted a grim picture for Aussies hoping for relief from soaring inflation rates.
Last Big Bank smacks Aussie homeowners
Australia’s biggest bank is the last of the Big Four to slug Aussie homeowners with another lift in interest rates. Here’s how much you’ll pay.
One group of Aussies to blame for cost crisis
One group of Aussies are “undermining” efforts to ease inflation and some of the nation’s most vulnerable are paying the price.
‘Train wreck’: Areas doomed by rate rise
Millions of Australians are now spending more than they earn thanks to the RBA’s rapid run of rate hikes, and some areas are especially struggling.
Mortgage pain worsens as banks hike rates
Almost all of the big four banks has announced it would lift interest rates once again in response to the RBA’s Melbourne Cup hike, increasing pressure on homeowners.
Borrowers risk further rates pain
A reprieve after the rate hike could be off the cards as Australia’s central bank battles to tame persistent inflation.
Why petrol prices affect your mortgage
The Reserve Bank has slugged homeowners with another rate rise and a recent surge in petrol prices is partly to blame.
$182k salary proves Aussie dream is dead
Aussie home buyers are needing nearly double the average full time salary to be able to afford a home, devastating new research reveals.
ASX sinks following RBA rate hike
Despite the RBA hiking interest rates for the first time in five months, the ASX clawed back some of its earlier losses to finish slightly lower on Tuesday.
RBA delivers Cup Day blow with rate hike
Freshly minted RBA governor Michele Bullock has dealt borrowers fresh rate pain as the central bank grapples to tame persistent inflationary pressures.
Savage $60k-a-year reality of new rate rise
The Reserve Bank of Australia (RBA) has increased the official cash rate again, and the pain could be worse than ever.
RBA lifts interest rates to 4.35%
“Still too high”: RBA calls out inflation as it increases the official interest rate by 0.25%, delivering fresh cost of living pain for Aussies.
Shock number facing mortgage stress
Nearly half of household borrowers are facing financial stress ahead of the Reserve Bank’s November rates call, new analysis has revealed.
‘Mistake’: Top economist’s rate rise warning
The big banks are betting on another rate rise, but a highly regarded economist has broken ranks and urged the RBA to hold fire.
ASX rises ahead of RBA rates call
Ahead of the Reserve Bank’s highly anticipated Melbourne Cup Day meeting, the ASX finished in the green.
‘Higher for longer’: Horror Cup Day prediction
On Tuesday, the nation will stop for the Melbourne Cup. But the Reserve Bank’s decision just before the race starts will be a huge blow.
Shock rates hike ahead of RBA decision
Two Aussie banks have hiked interest rates days before the Reserve Bank of Australia is forecast to set another increase.
Original URL: https://www.news.com.au/topics/reserve-bank/page/6