(RTTNews) - The Reserve Bank of Australia is unlikely to cut its interest rates before the first quarter of 2025 as the labor market conditions are still tight relative to full employment, Abhijit ...

The RBA firmly blames a lack of housing – and not rising interest rates – for Australia’s housing woes. RBA report authors Declan Twohig, Anirudh Yadav and Jonathan Hambur argue that while ...

Add articles to your saved list and come back to them any time. Back in 2006, when Ian Macfarlane was at the helm of the Reserve Bank of Australia, a Liberal MP asked what the impact of a spike in ...

At the same time, the RBA said it was considering restricting how much companies like Mastercard and Visa could charge retailers. The RBA indicated it would crack down on two different fees set by ...

Once the RBA does cut, housing loan repayments will drop, which will make it marginally cheaper to borrow and hence temporarily improve affordability. Unfortunately, that could be enough to lure ...

The shift by NAB puts it in lockstep with ANZ and Westpac, which both have pencilled in a rate cut from 4.35 per cent at the RBA’s first board meeting of 2025 in February. Commonwealth Bank ...

And there is one outstanding question: did the combination of $500 billion in stimulus from the RBA, on top of record low-interest rates and government assistance, contribute to the inflation ...

Naturally, this led to speculation that the healthy labour data will further delay rate cuts: if Australia’s unemployment rate is not shooting up, the RBA will be confident most workers can ...

The president of the suspended Russian Olympic Committee said Tuesday he plans to step down after six years in charge. Stanislav Pozdnyakov’s statement comes just over two months after a ...

The Reserve Bank of Australia (RBA) is Australia's central bank and derives its functions and powers from the Reserve Bank Act 1959. Its duty is to contribute to the stability of the currency ...

A former Olympic snowboarder for Canada has been charged with running a drug trafficking ring that shipped vast amounts of cocaine across the Americas and killed four people, authorities said ...

A former Canadian Olympic snowboarder is wanted by authorities for allegedly running a major drug trafficking organization and orchestrating the murders of anyone seen as a threat. Ryan Wedding ...