OpinionThe Reserve Bank review is not revolutionary – and that’s a good thing:
A review of monetary policy was long overdue, but it is no surprise the RBA’s most ...
theguardian.com/commentisfree/2023/apr/21/the-reserve-bank-review-is-not-revolutionary-and-thats-a-good-thing
Photo: theguardian.com · view article
Australia’s Reserve Bank Maintains Stable Policy FrameworkThe review supports the 2-3% inflation target amid nearly five decades of low unemployment and uninterrupted growth.
Key FactsApr 21, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: theguardian.com
Summary created with AI assistance · Source: theguardian.com
- The Reserve Bank of Australia's review endorses continuing with an independent nine-member board setting interest rates.
- Australia has sustained an average inflation of 2.5% and experienced one of the longest economic expansions without recession.
- A key proposal is to split the board into two groups focusing separately on governance and monetary policy expertise.
- Appointing a chief communications officer aims to improve messaging clarity after misinterpretations of pandemic-era interest rate forecasts.
Story Details
| Last Updated | |
| Total Articles | 20 |
Main Topics
News on this topic
OpinionThe Reserve Bank review is not revolutionary – and that’s a good thing: A review of monetary policy was long overdue, but it is no surprise the RBA’s most ...
theguardian.com/commentisfree/2023/apr/21/the-reserve-bank-review-is-not-revolutionary-and-thats-a-good-thing
A singular focus on interest rates, fresher board, fewer meetings – but what else could change at the RBA?
theguardian.com/australia-news/2023/apr/20/a-singular-focus-on-interest-rates-fresher-board-fewer-meetings-but-what-else-could-change-at-the-rba
The biggest shake-up in a generation: RBA board to lose rate setting powers: The review of the RBA calls for the governor to front a press conference after ...
smh.com.au/politics/federal/the-biggest-shake-up-in-a-generation-rba-board-to-lose-rate-setting-powers-20230419-p5d1jm.html
More articles on this subject
Previous
‘Challenges’: Huge changes to RBA announced: The Reserve Bank governor will hold press conferences after each meeting on interest rates to explain decisions to ...
news.com.au/finance/economy/interest-rates/review-makes-51-recommendations-for-reserve-bank-of-australia/news-story/40dd971f34351944c0f37613f5b7a451
Australia's central bank to get new rate-setting board under review shake-up
rappler.com/business/reserve-bank-australia-review-reforms-rate-setting-board-april-2023/
Australia's central bank to get new rate-setting board under review shake up: Australia's central bank is expected to get a new specialist board to manage ...
reuters.com/markets/australia-central-bank-get-new-rate-setting-board-under-review-recommendations-2023-04-20/
Australia to overhaul central bank after stumble on inflation and pandemic: RBA to establish separate board with rate-setting powers to break culture of ...
ft.com/content/43026b5f-459c-4088-a9e8-1261911638ed
Paid articlePaywall Five ways the Reserve Bank should change its act, according to the review: The Reserve Bank must provide more breathing room between rates decisions ...
smh.com.au/politics/federal/five-ways-the-reserve-bank-should-change-its-act-according-to-the-review-20230420-p5d1v0.html
Australia news LIVE: RBA set for overhaul after review; Unions clash with businesses about engineered stone ban
smh.com.au/national/australia-news-live-rba-set-for-overhaul-after-review-unions-clash-with-businesses-about-engineered-stone-ban-20230420-p5d1u5.html
RBA to have separate rate-setting panel but inflation target expected to remain: First full review for decades recommends raft of changes including splitting the ...
theguardian.com/australia-news/2023/apr/19/rba-to-have-separate-rate-setting-panel-but-controversial-inflation-target-expected-to-remain
RBA Will Have Expert Policy Panel, Fewer Meetings, Review Shows: Australia’s central bank should set up an expert policy board, hold fewer meetings and give ...
bloomberg.com/news/articles/2023-04-20/rba-will-have-expert-policy-panel-fewer-meetings-review-shows
RBA board review to allow households more time to absorb interest rate rises: The bank’s mandate would be condensed to focus on inflation and the nation’s jobs ...
smh.com.au/politics/federal/rba-board-review-to-allow-households-more-time-to-absorb-interest-rate-rises-20230420-p5d1uv.html
RBA board review to allow households more time to absorb interest rate rises: The bank’s mandate would be condensed to focus on inflation and the nation’s jobs ...
theage.com.au/politics/federal/rba-board-review-to-allow-households-more-time-to-absorb-interest-rate-rises-20230420-p5d1uv.html
RBA Review Recommends Splitting Board, Affirms Inflation Target: Australia will release the findings of an independent review of its central bank on Thursday ...
bloomberg.com/news/articles/2023-04-19/rba-review-recommends-splitting-board-affirms-inflation-target
The biggest shake-up in a generation: RBA board to lose rate setting powers: The review of the RBA calls for the governor to front a press conference after ...
theage.com.au/politics/federal/the-biggest-shake-up-in-a-generation-rba-board-to-lose-rate-setting-powers-20230419-p5d1jm.html
Next
Similar to This
Previous
RBA on notice to hold off on rate rises as jobless rate hits five-year high: Unemployment lifted in September, before the Reserve Bank’s most recent rate hike ...
smh.com.au/politics/federal/rba-on-notice-to-hold-off-on-rate-rises-as-jobless-rate-hits-5-year-high-20261015-p615qn.html
The RBA keeps hiking interest rates – but are the rate rises actually working?: With the cash rate at a 15-year high, consumer confidence has tanked – while ...
theguardian.com/business/2026/oct/14/rba-keeps-hiking-interest-rates-but-are-rises-actually-working
Why Australia’s Rate Hike Matters for US Investors: Australia's central bank raised its cash rate to 4.60% as inflation hit 4.0%, a move that supports the AUD ...
riotimesonline.com/australia-rba-rate-hike-explained-2026/
Coffee prices at some cafes rise by 10pc after RBA card surcharge ban: A ban on card surcharges has led some cafe owners to lift coffee prices ...
abc.net.au/news/2026-10-07/coffee-prices-increase-up-to-10-per-cent/107237680
The RBA isn't trying to stop inflation. So don't expect prices to fall: The Reserve Bank doesn't want consumer prices to come down ...
abc.net.au/news/2026-10-07/the-rba-wants-prices-to-keep-rising-but-more-slowly-inflation/107229624
Australian consumer confidence plunges to worst level since 1990s after RBA rate rise
theguardian.com/australia-news/2026/oct/06/consumer-confidence-index-interest-rate-rise-australia-rba-housing-renter-mortgage
Recession strikes fear into many and pain isn't evenly shared: Pandemic aside, Australia hasn't experienced a recession caused by rising interest rates ...
abc.net.au/news/2026-10-06/recession-leads-to-high-unemployment-pain-not-evenly-shared/107230632
‘Naive’: Card surcharge ban hits home: Some of Australia’s top economists have said the move to ban card surcharges has come at a bad time as it threatens a ...
news.com.au/finance/economy/australian-economy/absolute-rubbish-economists-dismiss-claims-card-surcharge-ban-will-save-shoppers-money/news-story/d41d02f8382b2c4f0b73c76111837c90
Interest rates on hold until February as RBA pauses: The Reserve Bank has left millions of borrowers a little more relaxed for their summer holidays ...
abc.net.au/news/2023-12-05/interest-rates-on-hold-until-february-as-rba-pauses/103190584
Key FactsRBA Continues Interest Rate Pause Until February
Dec 5, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: abc.net.au
Summary created with AI assistance · Source: abc.net.au
- RBA maintains cash rate at 4.35 percent
- Next meeting of the bank's board is scheduled for February
- Economists caution about potential further rate rise with higher-than-expected inflation
- Future RBA interest rate decisions remain dependent on economic data and risk assessments
RBA keeps interest rates on hold as experts warn peak is yet to come: The Reserve Bank of Australia (RBA) has kept the nation's interest rates on hold ...
9news.com.au/finance/australia-interest-rates-september-decision-reserve-bank-of-australia/18b244cd-abc4-42c4-8fe8-c49b6a489f3c
$52 billion bomb coming after rates call: ANALYSIS
news.com.au/finance/economy/australian-economy/rba-holds-but-inflation-war-not-over/news-story/6f511a0f1c4df713f54ac94fc84a9c5d
Key FactsRBA keeps interest rates steady in Governor Lowe's final act
Sep 5, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: smh.com.au
Summary created with AI assistance · Source: smh.com.au
- Reserve Bank aggressively raised interest rates since May last year.
- Monthly repayments on an average $600,000 mortgage have increased by over $1350.
- Recent economic figures show the effectiveness of the rate rises.
- Inflation may return to the Reserve Bank's target range of 2-3%.
Interest rates on hold as RBA eyes 'soft landing': Pausing rates for a second month running, the central bank said it was closely watching a slowing rate of ...
9news.com.au/finance/australia-interest-rates-august-decision-reserve-bank-of-australia/2694c0d7-7303-4c3a-8e30-f5d43341afc3
Key FactsRBA Keeps Interest Rates Steady, Monitors 'Soft Landing'
Aug 1, 2023 · Reading time: ~30 sec.
Summary created with AI assistance · Source: 9news.com.au
Summary created with AI assistance · Source: 9news.com.au
- The Reserve Bank of Australia (RBA) maintains interest rates at 4.10 percent as borrowers navigate a potential 'mortgage cliff'.
- Pausing for a second consecutive month, the central bank observes a slowing inflation rate and easing consumer spending.
- Governor Philip Lowe, set to leave his role in September, acknowledges the 'painful squeeze' caused by interest rates on some households.
- Lowe notes that while inflation in Australia is 'declining', it remains 'too high' at 6 percent, signaling possible future rate hikes.
In his own words: Philip Lowe’s revealing seven years of speeches: Philip Lowe has been at the centre of economic policy since 2016. In almost one million public ...
theage.com.au/politics/federal/in-his-own-words-philip-lowe-s-revealing-seven-years-of-speeches-20230629-p5dkh6.html
RBA’s Lowe Defends Board, Reiterates Willingness to Keep Serving: Australia’s central bank Governor Philip Lowe pushed back against criticism of his rate-setting ...
bloomberg.com/news/articles/2023-04-20/rba-s-lowe-defends-board-reiterates-willingness-to-keep-serving
Reserve Bank raises OCR to 5.25%: The Reserve Bank has raised the official cash rate by 50 basis points to 5.25 percent.
rnz.co.nz/news/business/487394/reserve-bank-raises-ocr-to-5-point-25-percent
RBA poised for biggest shake-up in three decades: The review is not expected to recommend a change to the RBA’s 2-3 per cent inflation target ...
theage.com.au/politics/federal/rba-poised-for-biggest-shake-up-in-three-decades-20230329-p5cw4t.html
Will Lowe take the inflation bait and keep rates on hold?: The RBA’s popularity will surely sink to new lows if the latest inflation data is not enough for the ...
theage.com.au/business/the-economy/will-lowe-take-the-inflation-bait-and-keep-rates-on-hold-20230329-p5cwc8.html
Next