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.

Australian dollar extends gains after solid wage growth

Australia's wage growth posted a solid gain of 3.4% in Q2, unchanged from the first quarter. This comes a day after the RBA cut rates. In the US, CPI remained steady at 2.7% but the core rate jumped to 3.1% from 2.9% as US tariffs have made imports more expensive.

13-08-2025 08:25 GMT by Kenneth Fisher

RBA lowers rates, Aussie dips lower, US CPI expected to rise

There were no surprises this time from the RBA, which shaved a quarter-point at today's meeting, lowering the cash rate to 3.60%. The US releases July inflation, with headline CPI expected to nudge higher to 2.8%, up from 2.7%.

12-08-2025 09:36 GMT by Kenneth Fisher