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Australia keeps interest rates at record low

Last Updated: Tuesday, September 1, 2015, 12:41

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

Australia`s central bank revises down growth forecasts

Last Updated: Friday, May 8, 2015, 10:29

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.

Australia's central bank cuts interest rate to 2%

Last Updated: Tuesday, May 5, 2015, 10:42

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.

Australia central bank leaves interest rates at 2.25%

Last Updated: Tuesday, March 3, 2015, 09:49

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.

Rate cut calls grow as Australian economy falters

Last Updated: Sunday, December 7, 2014, 10:15

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.

Australia police, central bank websites hacked

Last Updated: Thursday, November 21, 2013, 15:36

The websites of the Australian Federal Police and the Reserve Bank of Australia have been the victims of an apparent cyber attack, with reports on Thursday blaming Indonesian hackers.

Australian Reserve Bank keeps cash rate on hold

Last Updated: Tuesday, July 2, 2013, 14:25

Glenn Stevens, governor of the Monetary Policy Decision, said global growth was running a bit below average this year, but with reasonable prospects of a pick-up in 2014, reported Xinhua.

Australian Reserve Bank leaves cash rate unchanged

Last Updated: Tuesday, February 5, 2013, 16:06

The Reserve Bank of Australia (RBA) announced at its board meeting Tuesday that it decided to leave the cash rate unchanged at 3 percent.

Australian Reserve Bank cuts cash rate

Last Updated: Tuesday, December 4, 2012, 14:20

The Reserve Bank of Australia Tuesday announced its decision to reduce the cash rate by 25 basis points to 3.0 percent after its December board meeting.

Australian central bank predicts continued resources boom

Last Updated: Tuesday, August 21, 2012, 13:57

The forecast of continuing resource investment and a period of low inflation were behind the decision of the Reserve Bank of Australia (RBA) to leave the cash rate on hold at 3.5 percent in August, it said Tuesday.

Australia's coking coal export to India likely to rise: Report

Last Updated: Monday, March 19, 2012, 11:33

Australia is the front runner to cash in on India's growing demand for coking coal, says a research by Reserve Bank of Australia's economic panel.

Australia keeps cash rate on hold

Last Updated: Tuesday, March 6, 2012, 12:54

The Reserve Bank of Australia (RBA) Tuesday announced its decision to keep the official cash rate on hold at 4.25 percent.