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    Reserve Bank of Australia

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    • Friday, 14 July, 2023
      Australia picks first female central bank chief after backlash over rate rises

      Michele Bullock to replace Philip Lowe and become first female RBA governor

      Michelle Bullock, who will be the Reserve Bank of Australia’s first female governor
    • Wednesday, 14 June, 2023
      Australia’s central bank to reimburse almost 1,200 underpaid staff

      RBA’s reputation has been damaged by ‘embarrassing’ rate guidance and response to rising inflation

      Reserve Bank of Australia governor Philip Lowe
    • Thursday, 20 April, 2023
      Australia to overhaul central bank after stumble on inflation and pandemic

      RBA to establish separate board with rate-setting powers to break culture of deference

      Philip Lowe, governor of the Reserve Bank of Australia
    • Thursday, 2 February, 2023
      Australian politics
      Australia to replace British monarch on banknotes

      Plans to adopt indigenous design for A$5 note follows republican calls to remove symbols of monarchy

      Australian $5 banknote
    • Wednesday, 7 December, 2022
      News in-depthCentral banks
      Australia and New Zealand chart divergent courses on interest rates

      Wellington’s ultra-hawkish crusade against inflation clashes with Canberra’s hope for a soft landing

      Reserve Bank of Australia governor Philip Lowe attends a G20 finance ministers’ and central bank governors’ meeting in Bali in July
    • Thursday, 4 August, 2022
      Markets InsightSophia Rodrigues
      Nervous central bankers are watching Australia closely

      Wide-ranging, independent review of the RBA is unlikely to be the last globally as criticism mounts over handling of inflation

      A pedestrian walks past the Reserve Bank of Australia in Sydney
    • Wednesday, 20 July, 2022
      Australia launches review of ‘embarrassing’ central bank

      RBA was criticised for maintaining low interest rates as inflation climbed

      A view of houses in Sydney with the Sydney Harbour Bridge and Sydney Opera House in the background
    • Tuesday, 7 June, 2022
      Equities
      Wall Street inches higher despite Target warning on profit margins

      US retailer’s shares fall as concerns over economic slowdown intensify

      A Target store in New York, US
    • Tuesday, 7 June, 2022
      Australia
      Australia raises rates by most in 22 years to battle surging inflation

      Central bank signals more aggressive approach after facing accusations of being slow to act

      Shoppers at Pitt Street Mall in Sydney, Australia, on Tuesday
    • Tuesday, 3 May, 2022
      Markets
      US stocks rise and Treasury yields mixed ahead of Fed move

      Choppy moves on Wall Street come ahead of policymakers’ expected half-point rate rise

      Trader on floor of New York Stock Exchange
    • Tuesday, 3 May, 2022
      Australia
      Australia raises interest rates to tame inflation ahead of general election

      RBA increases cash rate 25 basis points as cost of living concerns dominate campaigning

      Scott Morrison
    • Monday, 7 February, 2022
      The FT ViewThe editorial board
      Australia is still firmly in ‘team transitory’

      The lucky country’s bet on stable inflation is not without risk

      Reserve Bank of Australia governor Philip Lowe
    • Tuesday, 25 January, 2022
      Australia
      Australian inflation surge fuels expectations of interest rate rise

      CPI increased 3.5% in fourth quarter of 2021 on spiralling petrol and housing costs

      Pedestrians walk through a shopping plaza in Sydney
    • Thursday, 16 December, 2021
      Australia’s central bank signals it could end quantitative easing in February

      Comments by governor Philip Lowe follow faster taper plans by the US Federal Reserve

      Philip Lowe
    • Tuesday, 16 November, 2021
      Coronavirus economic impact
      Covid-19 shock responsible for global inflation, says Australian central bank

      Cheap electricity and strong labour supply limit price rises compared with other large economies

      Shoppers wear masks at a Brisbane mall
    • Wednesday, 10 November, 2021
      Sophia Rodrigues
      Australia’s move to end yield curve control exposes the policy’s flaws

      Reserve Bank’s struggle to exit cap on bond yields holds lessons for other central banks, experts say

      Reserve Bank of Australia building in Sydney
    • Tuesday, 2 November, 2021
      Asia-Pacific economy
      Australian central bank tightens monetary policy to deal with price surge

      RBA abandons yield curve control scheme launched during pandemic and sets potential precedent for peers

    • Monday, 1 November, 2021
      Sovereign bonds
      Bond traders ramp up bets on ‘big shift’ in global monetary policy

      Investors test central bankers’ insistence that elevated inflation will be fleeting

      Reserve Bank of Australia building
    • Sunday, 31 October, 2021
      ExplainerMarket Questions
      Will the Fed join a hawkish tilt among global central banks?

      Market Questions is the FT’s guide to the week ahead

    • Friday, 29 October, 2021
      Global Economy
      Australia’s central bank lets key bond yield surge well above target

      Sharp sell-off in April 2024 bond cascades across country’s debt market

      Reserve Bank of Australia headquarters in Sydney
    • Monday, 15 March, 2021
      Nicholas Gruen
      Fiscal policy should be freed of political tinkering

      The pandemic response has shown again that, as with monetary policy, a trusted independent body is needed

      Joe Biden signs the American Rescue Plan. Debate on fiscal policy occupies its own special place in the culture wars into which political debate has descended
    • Monday, 1 March, 2021
      Capital markets
      Australian central bank boosts bond purchases after borrowing costs soar

      RBA’s move will have broad implications, say analysts

    • Thursday, 10 December, 2020
      Capital markets
      Australia issues negative-yielding debt for first time

      Investors will pay to lend country money following short-term treasury auction

    • Sunday, 1 November, 2020
      ExplainerMarket Questions
      Will the US election pave the way for fresh stimulus?

      Market Questions is the FT’s guide to the week ahead

    • Sunday, 4 October, 2020
      ExplainerMarket Questions
      Will increased US political uncertainty boost the dollar?

      Market Questions is the FT’s guide to the week ahead

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