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The Latest Breaking News from Glenn Stevens

Macquarie reports subdued earnings, shares slide

Macquarie is taking a cautious stance and conservative approach to capital in 2024/25, as it looks forward to the opening of its new global HQ in Sydney.

AAP

What's to stop Philip Lowe moving to a private bank after he leaves the RBA? It's what his predecessors did

Surely Reserve Bank Governor Philip Lowe won’t move to a private bank after his term as governor ends next week.

The Conversation

Green energy flag-bearer South Australia says gas must 'stand behind' renewable switch

South Australia's energy minister launches defence of gas industry, saying his state's global leadership in the switch to green power would not be possible without the fuel.

ABC News

From analysis to the latest developments in health,
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Interest rates unlikely to fall amid 'once-in-a-generation' inflation battle, warns former RBA boss Glenn Stevens

The Reserve Bank of Australia (RBA) warns further interest rate increases are still possible, as a former RBA governor says the low-rate era is over, leaving households feeling like Australia is heading for recession.

ABC News

Interest rate rises: is there a less painful way to curb inflation?

The Reserve Bank of Australia’s monetary policy has been criticised as unfair and ‘too blunt’. But what are the alternatives?

The Guardian - AU

MacBank is another world — and the former RBA boss Glenn Stevens seems to fit right in

The Macquarie Group doesn’t follow the same conventions as others when it comes to AGMs, which leaves shareholders somewhat in the dark.

Crikey

Kushner the cushioner … McGowan’s showin’ … Lowe blow … Zelenskyy close-up

Jared Kushner deprives history of a memorable tweet, Mark McGowan shies from the public, and plenty more from the bunker.

Crikey

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Alan Kohler: The Reserve Bank is a renovator’s delight

The most controversial task of the panel reviewing the Reserve Bank will be to decide whether Governor Philip Lowe committed a sackable offence.

The New Daily

If Australia tumbles into a recession, Philip Lowe’s hands are dirty

Inflation and rising interest rates are pushing Australia towards a likely recession. And on the list of culprits, RBA governor Philip Lowe is very near the top.

Crikey

RBA boss Philip Lowe is on the TV. Should we be worried?

A prime-time TV appearance by the governor of the RBA may have been engineered to calm nerves, but what is he really trying to tell us?

Crikey

Is a desperate Morrison about to go to war with the Reserve Bank?

If the government attempts to dissuade the RBA from damaging its re-election campaign with a rate rise next week, it’s dangerous territory in Australian economic policy.

Crikey

RBA minutes may give further rate clues

The minutes of the Reserve Bank’s April board meeting may give further clues to the timing of the first rise in the cash rate in a decade.

People

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