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A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations that the Reserve Bank of Australia (RBA) may lower interest rates at its upcoming ...
A May rate cut is a “done deal” for homeowners based on the latest forecast data coming out of the Commonwealth Bank.
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 ...
Services inflation also eased (+3.7%) on lower rent and insurance costs, while goods inflation rose (+1.3%) on higher food ...
The Reserve Bank of Australia’s April “Financial Stability Review” bestowed the country’s “big four” banks with a favourable ...
While inflation rose 0.9% for the quarter, compared with 0.2% at the December reading, in the 12 months leading up to March, ...
Regular Australians may be getting slugged $6 for a flat white, but employees at the Reserve Bank of Australia are paying ...
The RBA's inflation target range of 2-3% has been a cornerstone of Australia's monetary policy for decades. After four years of fluctuating outside this range, the return to target signifies a ...
CPI grew 2.4% year-on-year in the first quarter, a similar pace seen in the prior quarter, but was just above expectations of ...
With the key measures of inflation back within the Reserve Bank’s target band, expectations are growing for a second rate cut ...
it was revealed Mr Lowe’s interest rate was locked at half the standard variable rate in an RBA loan, to buy his home in Sydney’s east. A spokesman for the Reserve Bank of Australia said it ...
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