The Reserve Bank's chief economist says current economic uncertainty, especially around US tariffs, makes forecasting and ...

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 central bank said on Tuesday it remained more cautious than the market about the prospects for further policy ...

The rate cut will provide some relief to borrowers and comes as good news for Prime Minister Anthony Albanese, who is facing a tough election to be held no later than May 17.

(Bloomberg) -- Australia’s consumer confidence picked up in March as inflation pressures eased and the Reserve Bank reduced interest rates for the first time in four years. Sentiment jumped 4% ...

The Reserve Bank of Australia has cut the cash rate for the first time since November 2020, but governor Michele Bullock has warned the inflation fight isn’t over. "The board judges it is time to ...

The Australian Bureau of Statistics’ January inflation print shows that trimmed ... which justifies the RBA’s decision this month to cut the cash rate by 25 basis points,” Ms Chanana said.

Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools.

And there are dangers lurking that could push inflation – and interest rates – up again ... It reflects the fact that Australia is not building enough houses to provide enough roofs over ...

Australia's economic growth forecasts have received a major downgrade due to Donald Trump's trade war, which could give the ...

"While today's policy decision recognises the welcome progress on inflation ... and will remain so after this reduction in the cash rate." The Australian dollar was off 0.1% at $0.6352, while ...