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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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