Two of Australia's four major banks now predict the Reserve Bank will hike interest rates for the second month in a row.

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Struggling households face rapid-fire interest rate hikes from the Reserve Bank as surging energy prices add to inflation risks, economists warn.

Aussies are bracing for impact, with two major banks now predicting three interest rate hikes in a row, as petrol prices surge and inflation nudges 5 per cent.

A growing number of economists, including from Westpac, National Australia Bank and Deutsche Bank, on Wednesday tipped Australia's central bank to raise ​interest rates next week, following an ...

Minister says fuel security is strong, but instructs his department to issue him with daily updates on reserves, rather than the usual quarterly briefings.

An interest rate rise is looking more likely next week with another in quick succession in May after hawkish comments from RBA deputy governor Andrew Hauser who flagged the jump in oil price will push ...

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Reserve Bank deputy governor Andrew Hauser says the jump in the oil price will push inflation above the 4.2 per cent the RBA ...

Two of the country’s biggest banks have predicted the Reserve Bank will jack up interest rates in response to ongoing high inflation and the oil price shock.