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The Reserve Bank of Australia says it is in no hurry to increase interest rates

Australia's central bank ends bond buying

Australia's central bank kept its cash rate at a record low of 0.1% today and ended its A$275 billion bond buying campaign as expected, but pushed back hard on market wagers for an early rate rise.

Business • 01 Feb 22

The Reserve Bank of Australia ended its monthly policy meeting by holding interest rates at a record low of 0.25%

Australia's central bank sees steep contraction

Australia's central bank has forecast that the economy would suffer its largest ever contraction in the first half of the year, sending the unemployment rate into double-digits, but held out the hope of a recovery as Covid-19 was contained.

Business • 05 May 20

Australia's economic growth for the second-quarter came to 0.8%

Australia economy strengthens after weak start to year

Australia's economy has shrugged off a sluggish start to the year, boosted by government and consumer spending with the nation extending its record run of growth.

Business • 06 Sep 17

Reserve Bank of Australia keeps rates at their record lows of 1.5%

Australia's central bank steers steady course on rates

Australia's central bank stuck to a neutral stance on the economy and interest rates, a marked divergence from some of its peers abroad who have recently signalled an intent to tighten monetary policy.

Business • 04 Jul 17

Australia's central bank is juggling a booming property market with mixed economic data

Australia keeps rates on hold, warns on housing

Australia's central bank held interest rates at a record low 1.5% for a seventh meeting in a row as it juggles a booming property market with mixed economic data.

Business • 04 Apr 17

Australia's interest rates remain at 1.5%

Australia leaves interest rates on hold

Australia's central bank left interest rates at a record low of 1.5% today while striking an upbeat tone on the economy following a rebound in growth at the end of last year.

Business • 07 Mar 17

he Australian Bureau of Statistics said the country's annual rate of growth was a faster-than-expected 2.4%

Australia's economy bounces back to dodge recession

Australia's economy rebounded strongly in the December quarter, growing by 1.1% to dodge a technical recession on the back of buoyant exports and household spending.

Business • 01 Mar 17

Australia economy