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 ...

Australian Treasurer Jim Chalmers warned that consumer prices could rise after Cyclone Alfred destroyed crops and homes, as ...

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.

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

The Reserve Bank says the data will decide when it cuts the official cash rate again, as developments from US tariffs ...

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 ...

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

"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 ...

The Reserve Bank of Australia reduced the cash rate by a quarter percentage point from 4.35% to 4.1% at its first board meeting for the year. The cut was widely anticipated after inflation rose ...