‘Last kick of the can’: Property market reckoning coming
The sharp lift in house prices through the past 12 months has amplified the focus on the RBA and its role.
Tag: RBA
RBA review could look at ways to avert the next crisis
It is a good time to reconsider the RBA’s role in light of the persistence of very low inflation and zero interest rates.
‘Crucial but not beyond reproach’: Labor joins calls for review of RBA
It has been 40 years since the RBA, and its policy objectives, have been reviewed. It is one of the few central banks in the world to have avoided such […]
RBA holds interest rates at 0.1 per cent
The Reserve Bank has kept the official cash rate on hold at 0.1 per cent as it notes it will be monitoring trends in housing borrowing carefully.
The central bank under fire: Has the RBA failed Australians?
The role and importance of the central bank is little understood, but a number of economists and experts are claiming it has failed the country.
RBA to take centre stage as investors seek inflation clues
The RBA is not expected to shift the official cash rate this week, but its April board meeting comes as investors are starting to get nervous about inflation.
Tighter lending rules needed to deal with growing household debt: IMF
Research from the IMF suggests regulators such as APRA and the RBA need to use lending standards to stop property buyers and business running up huge debts.
RBA still mulling tighter rules for Afterpay, Zip as sector booms
The Reserve Bank is inching closer to changing the surcharge rules for the buy now, pay later sector.
Interest rates will stay low until wages grow, says RBA governor
Philip Lowe has made clear interest rates will likely stay low until 2024 while warning tighter lending standards may be used to cool house prices.
ANZ boss warns of social problems from ‘unhealthy’ house price rises
Shayne Elliott says the RBA may need to raise official interest rates before 2024 as house prices start to overheat.
RBA to keep rates low until Australians get decent pay rise
The central bank has made clear it will not lift interest rates until it sees sustainable strong wages growth and low unemployment.
Surging property prices could force RBA to reassess ultra-low rates, economists warn
Some economists believe the RBA may have to start lifting rates as early as next year to deal with house prices, which rose 3 per cent in Sydney and 2.5 […]
Lift JobSeeker permanently because it’s fairer: RBA governor
Philip Lowe says a permanent increase in the JobSeeker payment is justified on fairness grounds while revealing a more optimistic economic outlook.
RBA says low rates will push up house prices
Banking regulators are prepared to tighten lending standards if record low interest rates deliver the nation a new housing boom.
Withdrawing super for first home a very good investment, says Bernie Fraser
The former RBA governor says low-income workers should be allowed to withdraw some of their super early to buy a first home, while former PM Kevin Rudd, super funds and […]
RBA governor says economic recovery needs risk-takers
RBA governor Philip Lowe has used a speech to urge consumers and businesses to take risks to ensure the economy continues its recession recovery.
Zero gravity: RBA’s emergency measures take us far from normal
The Reserve Bank has unleashed a major program of rate cuts and bond buying to protect the economy. But it could be years before “normal” returns.
RBA tells mortgage holders to switch lenders if rate cut not passed on
Mortgage holders have been urged to switch lenders if their interest bill is not cut in response to a massive package of measures from the Reserve Bank to support the […]
Unleash hell: Reserve Bank launches fresh battle to save the economy
The package of measures unveiled by the RBA on Tuesday is as close as governor Philip Lowe will go to channelling his inner gladiator.
RBA had to act boldly at a time of economic crisis
The RBA has embraced unconventiuonal policies with both arms. Better late than never.
RBA readies to unveil Cup Day surprise to boost jobs
Reserve Bank prepares for a Melbourne Cup Day stimulus package while there are signs the economy is recovering from the worst of the coronavirus recession.
Recession likely over, says RBA, but recovery looks rocky
The Reserve Bank’s deputy governor believes the economy started growing again in the September quarter, but the recovery will be rocky with clear risks ahead.
US stimulus and RBA minutes to keep local investors interested
The Australian sharemarket is tipped to open the week higher, as hopes of a November rate cut and the fate of the US fiscal stimulus bill dominate sentiment.
RBA warns banks over culture as staff contact customers over loan deferrals
The Reserve Bank of Australia has warned banks to keep culture in check as lenders embark on the ‘largest ever customer reach out’ over deferred loans.
‘Helicopter money’: RBA governor shoots down push to print cash
RBA governor Philip Lowe has rejected key elements of modern monetary theory and other alternatives to traditional public financing.
Victoria shutdown a threat to the economy as RBA holds record low rates
RBA governor Philip Lowe cautions of a “bumpy” recovery while holding official interest rates steady for another month.
RBA poised to hold rates as job ads hint at economic improvement
The Reserve Bank is poised to hold interest rates at record lows while hoping the worst of the recession may be over with employers ramping up efforts to find new […]
RBA warns ending stimulus will be ‘a problem’ as jobs recovery slows
The Reserve Bank says ending all financial support at once would have economic ramifications, with signs the jobs market is failing to bounce back.
JobKeeper revamp on agenda as RBA warns ongoing support needed
A revamp of the JobKeeper wage subsidy is being left open by the Morrison government as the Reserve Bank warns ongoing fiscal support will be needed.
The ‘free ride’ we can’t afford to spurn: how the RBA can jump-start our economy
The Reserve Bank of Australia could give the nation, in effect, a no-interest and non-repayable loan to fund public works.