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The Latest Breaking News from Andrew Hauser

RBA deputy denies rate cut contradicted own forecasts

The Reserve Bank board did not disagree with its own staff over its inflation forecast as some commentators have suggested, deputy governor Andrew Hauser says.

AAP

Revelations in minutes of interest rate drought breaker

Minutes from the Reserve Bank meeting that finally lower interest rates shows board members responding to signals from recent trends in two key areas.

AAP

Hazy outlook fuels Reserve Bank caution on disinflation

Caution has been urged over future cash rate changes as uncertainty looms large over global policy, the impacts of rate decisions and the labour market.

AAP

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Bank chief doubts trade-war risk will cancel Christmas

The Ghost of Christmas Yet to Come has visited the RBA deputy, revealing little chance of the global economy plunging into another Depression.

AAP

Labour shortages still 'number one' concern: RBA

Firms are struggling to retain workers as activity from mining, infrastructure projects and even the 2032 Brisbane Olympics keeps demand for labour high.

AAP

Reserve Bank's views on hot jobs market to be canvassed

A speech by the Reserve Bank of Australia's deputy governor will draw careful scrutiny amid hopes a long-awaited rates cut could be brought forward.

AAP

View from The Hill: Australians don’t need to be told high interest rates are ‘smashing’ the economy, but is there an alternative?

Treasurer Jim Chalmers mightn’t have expected his weekend comment – made ahead of expected low growth figures later this week – that interest rate rises were “smashing” the Australian economy to set off the reaction it has. After all, it’s been something of a Chalmers mantra.

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After working for the RBA for 30 years, here’s how I’d make it more accountable

How can we tell if the Reserve Bank of Australia – which sets the interest rates that shape our national and household budgets – is doing a good job?

The Conversation

Politics with Michelle Grattan: Reserve Bank’s Andrew Hauser says don’t read too much for Australia from US rates message

Inflation remains top of mind as the Reserve Bank of Australia continues to keep interest rates on hold at a time when the United States Federal Reserve signals that it will start cutting rates.

The Conversation

Beware of economic 'false prophets', warns Reserve Bank

Reserve Bank deputy governor Andrew Hauser says projecting future movements in the economy is inherently uncertain and overconfidence is a red flag.

AAP

Wages, job data in focus for clues on economy, rates

New data on wage growth and demand for workers will be in focus this week, as borrowers await clues on when the central bank might cut interest rates.

AAP

Why the RBA is highly unlikely to lift interest rates next week, even as inflation climbs

The inflation figure due to be released today is different than most. It’s focusing the minds of politicians as well as economists.

The Conversation

Can Australia’s borrowers dodge another interest rate hike? We’ll know more soon

May’s inflation figures sent alarm bells ringing that the RBA would hike rates. But technically we are still on track for the central bank’s target

The Guardian - AU

Meet Andrew Hauser, the outsider from the UK who'll be deputy governor of the RBA

In a significant step towards reforming Australia’s Reserve Bank, Treasurer Jim Chalmers has stepped outside the bank and outside of Australia to select Andrew Hauser, a British economist, as its new deputy governor.

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The Guardian - AU

Jim Chalmers appoints outsider and former Bank of England executive director as deputy RBA governor

Rare appointment of outsider Andrew Hauser to senior position comes after review found bank should encourage ‘diverse viewpoints’

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