ABC News – Top stories
·general
·3 hours ago
Breaking: Reserve Bank keeps interest rate at 4.35pc as economy slows
The Reserve Bank maintained Australia's interest rate at 4.35 percent on June 16, 2026, amid a slowing economy. The decision was unanimous, as recent data showed rising unemployment and lost economic momentum. The bank aims to assess performance before considering further adjustments, with the next meeting scheduled for August 10-11.
Summary by OZbrief · ABC News – Top stories
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI