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Latest news: Interest Rate
Rates and inflation keeping clamp on consumer sentiment
The threat of more interest rate increases is weighing heavily on the minds of consumers as high inflation proves hard to dislodge.
Jul 11, 2023
Senior Liberal backs 'poor old Philip Lowe'
Central bank governor Philip Lowe is "well qualified" to remain in the job after his term expires in September, a federal Liberal frontbencher says.
Jul 06, 2023
Relief as Reserve Bank hits pause on interest rates
Borrowers will welcome a break from interest rate hikes as Australia's central bank opts to keep the official cash rate steady at 4.1 per cent.
Jul 04, 2023
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Inflation-beating pay rises can't be widespread: RBA
RBA governor Philip Lowe says the lowest-paid workers need to be insulated from high inflation but a surge in wages across the board could be a problem.
Jun 07, 2023
Treasurer maintains growth view despite fresh rate hike
A recession is still unlikely, the treasurer asserts despite fears the Reserve Bank's aggressive interest rate hikes could tip the economy over the edge.
Jun 06, 2023
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