Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

Australia employment soars, Australian dollar calm

Australia's employment soared by 89 thousand, blowing past expectations. Despite the strong jobs numbers, the RBA is widely expected to lower rates by a quarter-point next week.

15-05-2025 10:20 GMT by Kenneth Fisher

Australian dollar loses ground, jobs report next

The Australian dollar has declined after massive gains a day earlier. Australia's wage growth improved to 0.9%, higher than expected. Australia's employment change is expected to ease on Wednesday.

14-05-2025 15:50 GMT by Kenneth Fisher