Living pressures ease for employee households

7 February

Working families are still under acute financial pressure but fewer cash rate hikes of late has tempered growth in their overall living costs. In the 12 months to the December quarter, living costs rose 6.9 per cent for employee households, down...[Read More]

Women gradually cracking the glass ceiling

25 January

Women are still woefully under-represented in top jobs but female leaders are becoming more common in Australia’s economic and financial institutions. Within Treasury, the government department responsible for economic policy, the federal budget...[Read More]

ACCC probe to ensure savers get fair deal

11 January

The consumer watchdog has been asked to look into interest rates for savers amid concern banks aren’t offering their customers a fair deal. Treasurer Jim Chalmers urged the Australian Competition and Consumer Commission to investigate the matter,...[Read More]

RBA decision risks higher cash rate peak

5 October

The surprise slowdown in the pace of rate rises risks dragging out the rate hiking cycle and forcing the central bank to go even higher than expected to dampen demand. The Reserve Bank of Australia’s 0.25 percentage point lift is the sixth...[Read More]

Consumer spending slowdown starts to show

14 September

Rate hikes and the soaring cost of living are finally starting to weigh on household spending. Non-essential outgoings decreased in August, according to CommBank’s household spending intentions index, with sectors such as travel,...[Read More]

[ANIMATED VIDEO] What does the Reserve Bank do?

25 March

  Find out what the Reserve Bank of Australia does in this short animated video. Learn more at www.rba.gov.au/education.