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REVEALED: 27 | Rare Historical Photos

Michael Pascoe: Shocking news – business lobbyists don’t tell the truth

When dealing with business lobbyists, one must start with the assumption that they are not telling the truth.

The New Daily

Consumers hopeful tide will soon turn on interest rates and home prices, but businesses gloomy

Households are hoping interest rates will reach their peak soon and home prices may start to rise. However, rising inflation and interest rates have businesses worried about the future.

ABC News

Forex kitty soars $11 billion to $561.16 billion

MUMBAI: India's foreign exchange reserves soared by $11.02 billion to reach $561.162 billion for the week ended December 2, Reserve Bank data showed on Friday.

The Times of India

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The Ferguson Report: Bali ‘bonk ban’ fundamental as anything

Tim Ferguson breaks down this week's news – including Indonesia's decision outlawing of sex outside marriage.

The New Daily

Reserve Bank review ‘will be relevant’ to Philip Lowe’s chances of a second term, Chalmers says

Treasurer says it is not a ‘performance review’ but will ‘feed into our thinking’ about RBA leadership

The Guardian - AU

Decision on RBA's top job due next year

The treasurer will consider the best possible leadership structure for the central bank when weighing up the reappointment of governor Philip Lowe next year.

AAP

RBA maintains 'open mind' on digital money

Australians value hard cash and have easy access to it, but digital money could be a back-up during cyber events and when extreme weather hits banking systems.

AAP

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Banks should not ask for verification at branch level if customer does e-KYC: RBI

MUMBAI: The Reserve Bank on Wednesday said banks should not ask for verifications/updates at the branch level in case a customer has done e-KYC or those who have completed the KYC (know-your-customer) process on C-KYC portal.

The Times of India

Sensex falls 215 points in volatile trade post RBI rate hike

MUMBAI: Equity benchmark sensex declined over 215 points on Wednesday, weighed by losses in index heavyweight Reliance Industries, Bajaj Finserv and Tata Steel, after the Reserve Bank raised the key interest rate by 35 basis points.

The Times of India

The RBA has raised interest rates again. What does this mean for the economy in 2023?

Economists respond to the decision by the Reserve Bank to raise interest rates by 25 basis points to the highest level since the end of 2012

The Guardian - AU

Chinese ambassador hails ‘very successful’ meeting – as it happened

This blog is now closed

The Guardian - AU

Michael Pascoe: RBA on the precipice of its second big mistake

The RBA needs to chill to find out what it has actually done, Michael Pascoe writes.

The New Daily

All eyes on Christmas as Reserve Bank mulls even higher interest rates in 2023

RBA Governor Philip Lowe unveiled an eighth interest rates hike at the bank's final meeting of 2022 on Tuesday.

The New Daily

This latest increase in RBA interest rates might well be the last, for some time

You might not know it from reading Tuesday’s statement announcing Australia’s eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough.

The Conversation

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The New Daily

‘Harsh and heavy’: Rates hiked again as RBA ends 2022 with eighth straight squeeze

The Reserve Bank has raised interest rates for the eighth month in a row, lifting its target by 0.25 percentage points.

The Guardian - AU

RBA interest rates: Reserve Bank raises official cash rate to 3.1%, the eighth increase in as many months

More pain for borrowers with interest rates to rise again after central bank lifts cash rate 25 basis points to the highest level since the end of 2012

ABC News

Reserve Bank raises interest rates for eighth straight month

The Reserve Bank of Australia lifts interest rates by 0.25 of a percentage point, taking the cash rate target to 3.1 per cent.

ABC News

Interest rate updates: ANZ, NAB and Westpac pass on Reserve Bank's eighth consecutive rate rise — as it happened

Several of Australia's major banks have increased interest rates following a decision from the Reserve Bank to lift the cash rate for the eighth consecutive time.

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ABC News

The Loop: Ukraine claims drones hit Russian bases, and Lady Gaga's dogwalker shooter takes 21-year plea — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

AAP

RBA hikes rates in fight to tame inflation

The Reserve Bank has increased interest rates by another 25 basis points, locking in more mortgage pain for Australians over summer.

The Guardian - AU

New Zealand announces inquiry into Covid-19 response

While strict Covid-19 response was broadly considered one of the most successful in the world, PM says inquiry will help prepare for next pandemic

AAP

Household living cost crisis not over yet

The inflationary crisis piling pressure on Australian households still has some heat left in it, with a key economic marker picking up speed.

AAP

All eyes on last cash rate call for 2022

The Reserve Bank board will meet for its December cash rate decision next week and Australia's economic growth for the third quarter will be revealed.

The Times of India

Digital rupee a game changer, says SBI chairman Dinesh Khara

NEW DELHI: SBI chairman Dinesh Khara on Friday said the Reserve Bank's first pilot project for retail digital rupee is a "game changer" with durable effects that should ensure better monetary transmission at much lesser costs.

The Times of India

Branches of Indian banks in overseas can deal in financial products not permitted in domestic market

MUMBAI: The Reserve Bank on Thursday allowed with certain riders foreign branches and subsidiaries of Indian banks to deal in financial products that are not specifically permitted in the domestic market.

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