Australia's central bank is aiming to refresh how its research department can include more outside expertise and deepen links between academics and policymakers, a top official said on Wednesday.

The Reserve Bank of Australia decision dashed the expectations of millions of working-class households of early relief from crushing home mortgage repayments.

Australias central bank is closely monitoring U.S. tariff developments, as global economic uncertainty grows, according to Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser. Speaking at a Sydney event