Which key events have been driving markets? Find out with Senior Economist Bob Cunneen. Read More

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 4.00 per cent. Interest rates have been increased by 4 percentage points since May last year. The higher interest rates are working to establish a more sustainable…