Cooling housing market gives RBA chief cause for relief

The Reserve Bank governor is relieved that the housing market is showing signs of cooling, especially in Sydney.

Economy doing OK following boom: RBA

Booms and busts in export prices usually bump the economy off the rails – but not this time, according to Reserve Bank of Australia boss Glenn Stevens.

RBA governor Glenn Stevens. Photo: AAP

RBA leaves rates unchanged at 2pc

The Reserve Bank has left the cash rate unchanged at a record low of 2 per cent.