Interest rates rise as Reserve Bank moves to crush fuel cost pressures, but heavy lifting is done

The Reserve Bank has pushed ahead with another interest rate rise, lifting the cash rate by 25 basis points to 4.35 per cent as it battles to prevent surging fuel costs from embedding higher inflation ...
Opinion

The RBA is risking a recession by raising interest rates but feels there's nothing else it can do

Monetary policy trade-offs are getting worse. The Reserve Bank of Australia is confronting rising inflation and downgraded growth forecasts. And there's nothing it can really do about it.

RBA signals pause after delivering third straight rate hike

Australia’s central bank raised its key interest rate for a third consecutive meeting, with Governor Michele Bullock signaling policymakers would now pause to assess next steps.

With no easy options, RBA raises interest rates for the third time to quell inflation

The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep inflation under control. The increase takes the cash ...

‘Foregone conclusion’: Likely interest rate hike on Tuesday from the RBA to wipe out last year’s three cuts

Most economists are forecasting the Reserve Bank of Australia will lift the cash rate for the third time this year, wiping out last year’s cuts.