Economic News

Four facilities. Four areas where at least one of them only "partly observed" the standards. One Assistant Governor saying that "ASX is still not meeting the RBA's expectations in several important areas".

Most Australians handle a $5 note without a second thought. It buys a coffee, tops up a child's pocket money or sits folded in a coat pocket for months. Yet the design of that small piece of polymer is the subject of one of …

Who decides what goes on Australia's money? For most of the country's history, that question has attracted little public attention. Designs are unveiled, notes enter circulation, and people get on with spending them. The Reserve Bank of Australia's project to reimagine the $5 note …

The timing is hard to ignore. On Tuesday 29 September 2026, the Reserve Bank of Australia's Monetary Policy Board lifted the cash rate target by 25 basis points to 4.60%, effective today. Tomorrow, Thursday 1 October, the RBA is scheduled to publish its Financial …

As of today, the Reserve Bank of Australia's cash rate target sits at 4.60%. The Monetary Policy Board announced the 25 basis point increase after its meeting on Tuesday, 29 September 2026, and the new setting took effect on Wednesday, 30 September. The decision …

Eight words. They sit at the end of a sentence in the statement the Reserve Bank of Australia's Monetary Policy Board released on Tuesday, 29 September 2026, when it unanimously lifted the cash rate target by 25 basis points to 4.60%. The full sentence …

Ten per cent. Put another way, roughly $100 of every $1,000 Australian households have to spend after tax is being directed to scheduled mortgage payments. That was the picture Reserve Bank of Australia Governor Michele Bullock painted at her media conference on 29 September …