cash rate June 2024
Latest News

RBA leaves cash rate in June 2024 at 4.35%

The Reserve Bank of Australia (RBA) has set the cash rate for June 2024 at 4.35%. For comparison, it was 0.10% at the start of 2022.

Reserve Bank cash rate decision
Economics Latest News

Reserve Bank leaves cash rate unchanged

The Reserve Bank cash rate decision was unveiled by the board on Tuesday afternoon after a two-day meeting.

Interest rates and inflation

How do higher interest rates affect inflation?

The 13th interest rate increase since May 2022 has re-ignited the debate about the use of higher interest rates to fight inflation.

september inflation

September quarter: inflation higher than expected

Prices were 5.4% higher in September than the previous year, according to the latest official inflation figures.

rba cash rate 4.1%

RBA keeps cash rate at 4.1% for the fourth month in a row

The Reserve Bank of Australia (RBA) has kept the cash rate unchanged at 4.1% for a fourth consecutive month.

Philip Lowe final speech

Philip Lowe hits back at media in final speech as RBA Governor

In his final speech, RBA Governor Philip Lowe has criticised the media for personal attacks but admitted he had “difficulties” communicating.

why is inflation slowing
Economics News

Inflation slows for the third straight month

Inflation grew by 4.9% in the year up to July 2023, according to the latest figures from the Australian Bureau of Statistics.

who is the RBA governor

RBA Governor Philip Lowe will be replaced at the end of his term

RBA Governor Philip Lowe will not be re-appointed for a second term, replaced instead by his deputy Michele Bullock.

RBA cut interest rate meetings

The RBA has left interest rates unchanged for July

The RBA has left interest rates unchanged at 4.1% for the month of July, with RBA Governor Philip Lowe saying inflation has “passed its peak”.

Australia's gender pay gap has stalled for the first time in nine years

The Reserve Bank has raised the cash rate to its highest level in 10 years

The Reserve Bank of Australia (RBA) increased the cash rate from 2.85% to 3.1% today.

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