SINCE 1997

Latest Reserve Bank Of Australia News

CBA building in Sydney
3 min read
The nation's biggest bank says the historic run of low interest rates will likely end soon. Photo: Muhammad Hanif MM/Shutterstock

CBA says interest rate hike is on its way

Australia’s biggest bank has called time on record-low interest rates, with economists at Commonwealth Bank tipping the Reserve Bank will hike rates in November next year, rather than in 2024 as expected.

CBA economists said Australia’s strong labour market and wage growth would force the RBA’s han…

Read the full article