Search: labour market

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RBA Glossary definition for labour market

labour market – A collective term for employment, unemployment, participation rates and wages.

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Statement by Philip Lowe, Governor: Monetary Policy Decision

2 May 2023 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-10.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Jun 2019 Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 1.25 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-15.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

2 Aug 2022 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 1.85 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-21.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

2 Oct 2012 Media Releases
Announcement that the Board decided to lower the cash rate by 25 basis points to 3.25 per cent, effective 3 October 2012
https://www.rba.gov.au/media-releases/2012/mr-12-30.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Aug 2019 Media Releases
At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.
https://www.rba.gov.au/media-releases/2019/mr-19-20.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Sep 2022 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-28.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

7 Mar 2023 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-07.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Nov 2022 Media Releases
The labour market remains very tight, with many firms having difficulty hiring workers. ... A further pick-up is expected due to the tight labour market and higher inflation.
https://www.rba.gov.au/media-releases/2022/mr-22-36.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 Apr 2023 Media Releases
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent.
https://www.rba.gov.au/media-releases/2023/mr-23-08.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 Apr 2022 Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-11.html