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UNCOVERED: 10 | History Defined

Reserve Bank wants to keep 'broad coverage' of ATMs

Reserve Bank governor Michele Bullock says cash use is sliding and putting pressure on the business models that underpin access to notes and coins.

AAP

Pre-emptive disaster declarations for Cairns and Townsville – as it happened

This blog is now closed.

The Guardian - AU

New commissioner picked to run tax office

The federal government has filled two pivotal economic roles at the tax office and Reserve Bank of Australia.

AAP

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Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely

If you’re looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesday’s board meeting, saying:

The Conversation

Jim Chalmers appoints outsider and former Bank of England executive director as deputy RBA governor

Rare appointment of outsider Andrew Hauser to senior position comes after review found bank should encourage ‘diverse viewpoints’

The Guardian - AU

Australian shares sink after hawkish talk from RBA boss

The local share market closed down 0.6 per cent to hit its lowest level in a week following a speech by RBA governor Michelle Bullock.

AAP

Man found dead after statewide search – as it happened

This blog is now closed.

The Guardian - AU

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RBA governor says inflation ‘increasingly homegrown’, suggesting interest rates will remain high

Michele Bullock warns prices are ‘rising strongly for the majority of the goods and services we all consume’

The Guardian - AU

RBA cash rate meetings to stretch over two days

More changes to the way the Reserve Bank sets interest rates and communicates with the public have been unveiled in a speech by the central bank chief.

AAP

November interest rate rise was needed to avoid risk of larger future increases, RBA says

Minutes of the November meeting show the RBA board believed the risk of inflation continuing above target was too high to keep rates on hold

The Guardian - AU

All eyes on RBA messaging for hints on rates outlook

Public appearances from senior Reserve Bank officials should shed some light on the future outlook for interest rates as the tightening cycle nears its end.

AAP

The RBA has only one tool to fight inflation with – and households are being hammered

No homeowner under the age of 55 has had to cope with interest rates rising like this

The Guardian - AU

The Reserve Bank’s 13th interest rate rise is tightening the squeeze. But a pre-Christmas shock looks unlikely

RBA governor Michele Bullock’s debut rate rise as governor looks unlikely to be repeated next month

The Guardian - AU

Why it's a good bet the RBA's Melbourne Cup Day interest rate hike will be the last

Australia just became the odd one out.

The Conversation

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The Independent UK

Australian central bank lifts benchmark cash rate to 4.35% with 13th hike

Australia’s central bank has lifted its benchmark interest rate for the first time since June with a quarter percentage point hike that brought the cash rate to a 12-year high of 4.35%

The Guardian - AU

If interest rates rise again, it may be because inflation fears lost their anchor to reality

The issue of ‘consumer expectations’ of inflation is hotly debated by economists, and might be a key factor in the Reserve Bank’s decision

The Guardian - AU

Gyrocopter crash kills pilot in Victoria; warning over supermarket surveillance – As it happened

All the day’s news as it unfolded

AAP

Will they, won't they? All eyes on RBA Cup Day meeting

Stubbornly high inflation has raised the chances of a November interest rate increase by the central bank, putting more financial pressure on borrowers.

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The Conversation

Grattan on Friday: Treasurer Jim Chalmers pumps up his role in energy transition

Jim Chalmers – as if he doesn’t have enough on his plate – is marching into the centre of energy policy.

The Conversation

Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it

Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more…

AAP

Auction jump ahead of expected Cup day rate hike

An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.

The Conversation

Grattan on Friday: Cost-of-living crisis is the dragon the government can't slay

At a White House briefing early this week, Joe Biden’s press secretary, Karine Jean-Pierre, was asked whether there’d been any thought of postponing Anthony Albanese’s state visit because of the Middle East conflict.

The Canberra Times

What you missed on Senate estimates, day four

The Guardian - AU

Afternoon Update: US mass shooting kills at least 16; Sydney woman found dead identified; and Gen Z want less sex on screen

A man is reported to have opened fire at a bowling alley and bar in Maine’s second-largest city of Lewiston in the US

AAP

Australian stocks plunge again to new low for 2023

The local share market has finished at its lowest level in a year amid war in the Middle East, rising bond yields and expectations of more rate hikes.

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Annastacia Palaszczuk

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