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The Reserve Bank of Australia (RBA) is Australia's central bank, deriving its functions and powers from the Reserve Bank Act 1959. Its primary duty is to contribute to currency stability ...
Australia's Bendigo Bank is predicting four more rate cuts, including one this month, after the latest Reserve Bank's figures ...
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent late Tuesday outlined some changes to repo rates but stated that the changes have no implications for the stance of the bank's ...
In Australia, interest rates decisions are taken by the Reserve Bank of Australia's Board. The official interest rate is the cash rate. The cash rate is the rate charged on overnight loans between ...
Australia's economy has posted steady growth, but the Reserve Bank of Australia (RBA) remains cautious. While inflation appears to be under control, global uncertainties and trade risks continue ...
Yes, you read that right. The Reserve Bank of Australia uses the CPI statistic to make its decisions on interest rates. But the cost of land, existing houses and interest costs aren’t recognised ...
Five banks have dropped their fixed interest rates in a sign the Reserve Bank could ... Dropped by up to 0.30 per cent Hume Bank: Dropped by up to 0.34 per cent Defence Bank: Dropped by up to 0.30 per ...
A superannuation warning has been issued by the Reserve Bank of Australia as pressure mounts for the central bank to cut interest rates to stem the impact of of Donald Trump's tariffs. The RBA dropped ...
though Australia’s financial system is well placed to weather such a storm, the Reserve Bank said in a half-yearly review. “If downside risks to the global outlook materialize, they could ...
Wrapping up its April policy meeting, the Reserve Bank of Australia (RBA) held interest rates steady at 4.1%, having just cut them by a quarter point in February for the first time in over four years.