Tag: Rba

The Reserve Bank of Australia (RBA) could potentially raise interest rates today for the first time in 11 years.

RBA decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent.

A policy analogy describes the nation as a farm. The RBA is in charge of irrigation on this farm. What happens when they turn the water off?

A weakened Australian Dollar may spell bad news for Australia’s economic recovery.

The central forecast is for underlying inflation to reach 2.5 per cent over 2023.

Australian interest rate markets remain poised for a far more aggressive hike path than the Reserve Bank (RBA) expects, report says

RBA backflips recommendation on buy now pay later “no-surcharge rules” that would see retailers able to pass BNPL costs to customers.

In the minutes of the Monetary Policy Meeting of the Reserve Bank Board, held on October 5th, Board members express uncertainty about Australia’s wage growth over the coming months. When comparing Australia’s wage inflation to other developed countries, members noted that reports of labour shortages caused by COVID-19 had not yet impacted wages. The minutes […]

The RBA’s November Statement on Monetary Policy revealed that Australia has fared better than expected but the recovery is “expected to be bumpy and uneven” and “highly sensitive to further virus outbreaks.” Although spending is still below levels seen prior to the pandemic, the RBA predicts that Victoria’s emergence from lockdown and policy measures such […]

Australia is technically out of a recession however this does not mean Australia’s recovery will be smooth-sailing. At a Senate estimates hearing on Tuesday, RBA deputy governor Guy Debelle revealed that Australia’s economy grew in the September quarter. When asked about Victoria’s economy by Senator Bridget McKenzie, Dr Debelle surmised that Victoria’s economy appeared to […]