board meets

Borrowers are facing the prospect of further rate pain when the Reserve Bank board convenes for its final meeting of the year. Delivering her first rate hike to 4.35 per cent as RBA boss on Tuesday, governor Michele Bullock flagged that…

The Reserve Bank has been urged to lift interest rates and governments warned to pull back on infrastructure projects to reduce inflation. In its annual economic health check, the International Monetary Fund concluded Australia’s economy…

The Reserve Bank of Australia is expected to increase the official cash rate for the tenth consecutive time when the board meets on Tuesday, with analysts from the big four Banks predicting more carnage from now to May. The consensus among…

A looming 10th rate hike has stoked fears Australia could be poised to plunge into a recession as Jacqui Lambie warns voters to prepare for the worst. The Reserve Bank is expected to lift the official cash rate to a decade high of 3.6 per…

Economists are tipping another interest rate hike after “disappointing” data released this week revealed inflation had climbed back to a 30-year high.The Reserve Bank of Australia is expected to raise the cash rate by a further 25 basis…

The fallout from Philip Lowe’s interest rate “apology” is growing, with the overwhelming majority of Aussies now calling for the RBA boss to face the music. On Monday morning, Dr Lowe issued a stunning apology to Australians who took out a…

Australia’s financial sector was better equipped to deal with the Covid pandemic thanks to a suite of reforms introduced during the global financial crisis. Senior Reserve Bank of Australia official Jonathan Kearns told the Australian…