Reserve Bank of Australia

Sydney to erect barricades to prevent vehicle attacks: Police

Australia's largest city was also considering more permanent measures such as bollards, garden beds or other landscaping features in Martin Place, which houses a war memorial, the headquarters of the Reserve Bank of Australia, the US Consulate General, a hotel and many luxury retail outlets.

Jun 23, 2017, 14:53 PM IST

Colourful 'vomit-like' Australian $5 note unveiled

It may be the smallest-denominated Australian dollar banknote, but a new design for the Aus dollars 5 bill attracted an outsized amount of criticism when it was unveiled today, with detractors calling it "hideous" and "like vomit".

Apr 12, 2016, 13:45 PM IST

Australian central bank leaves cash rate unchanged

The Reserve Bank of Australia (RBA) on Tuesday left the official interest rates untouched at two percent for the fifth consecutive month.

Oct 06, 2015, 10:59 AM IST

Australia keeps interest rates at record low

"The board on Tuesday judged that leaving the cash rate unchanged was appropriate at this meeting," RBA governor Glenn Stevens said in a statement.

Sep 01, 2015, 12:41 PM IST

Australia`s central bank revises down growth forecasts

The bank said underlying inflation, measured at about 2.25% to 2.5% over the past year, was expected to remain within its 2.0 to 3.0% target.

May 08, 2015, 10:29 AM IST

Australia's central bank cuts interest rate to 2%

Annual core inflation was 0.6 percent in the three months to March to take the year-on-year rate to 2.35 percent, which is within the RBA`s two to three percent inflation target band.

May 05, 2015, 10:42 AM IST

Australia central bank leaves interest rates at 2.25%

The Reserve Bank of Australia last month cut rates for the first time in 18 months, dropping its cash rate by 25 basis points to a historic low of 2.25 percent.

Mar 03, 2015, 09:49 AM IST

Rate cut calls grow as Australian economy falters

The data showed the economy expanded by just 0.3 percent in the third-quarter, far below consensus estimates of 0.7 percent, to take the annual growth rate to a below-trend 2.7 percent.

Dec 07, 2014, 10:15 AM IST

Australia`s central bank keeps rates at 2.5%

The Reserve Bank of Australia said it was prudent to maintain a "period of stability in interest rates" to support demand and growth in the economy as it shifts away from a dependence on mining.

Sep 02, 2014, 11:32 AM IST

Australian interest rates on hold at 2.5%

The Reserve Bank of Australia flagged "a period of stability" in the cash rate as it cautioned that economic growth would likely be "a little below trend" in the year ahead.

Aug 05, 2014, 12:42 PM IST