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Reserve Bank of Australia

Monday, August 19

Number of mortgages behind on payments highest since 2010: RBA

The Reserve Bank believes the number of home owners behind on their mortgages could keep climbing for some time, although not to levels that might threaten Australia’s financial stability.

Banks stir political hornets' nest

The banks haven’t done themselves any favours, stirring a political hornets’ nest after failing to pass on the latest official 0.25 per cent interest rate cut in full.

RBA governor Glenn Stevens. Photo: AAP

RBA cuts interest rate to record low

The Reserve Bank has cut its key interest rate to a fresh record low of 1.50 per cent.

Rate cut an option as RBA keeps close eye on data

The Reserve Bank says it could cut the cash rate further if needed, but that the current setting is right for the time being.

Interest rates on hold for 10th straight month

Interest rates have been kept on hold at 2 per cent for the 10th consecutive month as the Reserve Bank of Australia noted continued economic growth with inflation moving close to target.

Index report tips slow economic growth to continue in 2016

The outlook for the Australian economy in early 2016 has deteriorated, the latest Westpac/Melbourne Institute Leading Index shows.

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.