Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Michele Bullock

Rates on hold as Labor considers changes to negative gearing

The RBA shocked nobody by holding interest rates at 4.35% yesterday, but the Albanese government may have surprised some by seeking advice on scaling back negative gearing.

Crikey

Rebound fears as energy help flicks switch on inflation

Federal energy bill relief has led to a drop in monthly inflation figures, but there are warnings the measures only caused an artificial reduction.

AAP

No talk of hikes, no cut on the horizon: why RBA thinks it’s in the ‘right spot’ with interest rates

There was good news and bad news as Australia’s central bank held the interest rate steady for the seventh time in a row

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming

Who’d want to be Reserve Bank Governor Michele Bullock? On Tuesday she had to do the almost impossible: defend a decision not to cut interest rates at a time when they were being cut in just about every other major industrial nation.

The Conversation

No cuts in ‘near term’ as RBA leaves Australia’s official interest rate unchanged at 4.35%

RBA decision was in line with economists’ forecasts as economy endures persistent inflationary pressures

The Guardian - AU

Reserve Bank expected to leave interest rate untouched for seventh meeting in a row

Economic activity was ‘a little bit softer’ than central bank had predicted, one expert notes, but a rate cut still seems unlikely

The Guardian - AU

Rate cut delay bolsters case for experts on RBA board

The RBA's gradualist approach to tackling inflation has left it lagging the world on rate cuts and should make it reconsider its strategy, economists say.

AAP

Read news from The Economist, FT, and more,
with one subscription

Grattan on Friday: US rate cut puts pressure on RBA - and things could get heated

Reserve Bank Governor Michele Bullock might need her flak jacket when she fronts the media next Tuesday after the bank’s two-day board meeting.

The Conversation

Why is Labor trying to reform the RBA and why is Peter Dutton opposing the changes?

The Coalition has indicated it won’t support the reforms, which it says could let Labor allies take control of interest rates

The Guardian - AU

Treasurer distances himself from his former boss’ Reserve Bank attack

Treasurer Jim Chalmers has distanced himself from the strident attack his one-time boss Wayne Swan launched on the Reserve Bank, which the former treasurer accused of “putting economic dogma over rational decision-making”.

The Conversation

Treasurer backs inflation target, despite rates risk

Jim Chalmers has acknowledged there's tension between fiscal and monetary policy, but argues the government and the central bank have the same objective.

AAP

Despite all the doom and gloom on Australia’s economy, could the worst be behind us?

We hear about the ‘weakest growth in decades’ and being ‘smashed’ by the RBA, but positive tidings abound – if you want to look for them

The Guardian - AU

Bullock doubles down on interest rates

RBA governor Michele Bullock is standing by her board’s interest rate decisions, and Donald Trump and Kamala Harris agree on a set of rules for next week’s presidential debate.

Crikey

Landlord's market as property investor lending swells

Lending to investors continues to lead the charge and outpace home loans taken out by owner-occupiers.

AAP

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - AU

No interest rate cut in the near term and you may have to sell your house: key takeaways from RBA governor’s speech

Selling would be bad news for struggling homeowners, but Michele Bullock likely thinks a long period of high inflation would be worse

Crikey

All eyes on Bullock following weak growth

Reserve Bank governor Michele Bullock is expected to respond to sluggish economic growth today, and backlash about the government’s census questions continues.

The Guardian - AU

Severe weather warnings for parts of NSW and Victoria – as it happened

This blog is now closed

AAP

Fading economy yet to unlock rate cuts for watchful RBA

The economy might be slowing but the Reserve Bank chief wants inflation to moderate further before opening the door to interest rate cuts.

Get all your
news in one place.

100’s of premium titles.
One news app.

The Guardian - AU

Now the Australian economy is on its knees, will the RBA finally start cutting interest rates?

So far we have not gone into recession – but only because our population has grown and the government has kept spending

The Guardian - AU

Australia is about to get an economic health check. What do GDP figures mean and why are they important?

The numbers could mark the nadir in gross domestic product performance, while the RBA watches closely for cues to help time an interest rate cut

AAP

Economy yet to turn a corner as higher rates bite

Australia is expected to post its slowest annual economic growth rate outside of the pandemic lockdowns since the 1990s as inflation persists.

The Conversation

Stand by for interest rate cuts: the US is about to start, so expect Australia to follow

Just three weeks ago, Reserve Bank Governor Michele Bullock declared interest rate cuts unlikely in the next six months. But if there was any doubt about what’s going to happen to global interest rates, the US Federal Reserve chair Jerome Powell removed it on Saturday.

Crikey

Interest rate cuts coming for the US. Will Australia’s RBA finally see the light?

Suddenly the inflation hawks who have previously written about how the Fed lifting rates ‘puts pressure’ on the RBA to do the same are nowhere to be seen.

AAP

Meeting minutes to show RBA dancing to its own beat

Markets will turn their attention to the Reserve Bank's latest board meeting minutes but they might be better off looking further afield for new insights.

The Guardian - AU

Australia’s productivity riddle – and what it might mean for interest rates

Michele Bullock keeps telling us productivity is flatlining. How it changes may well determine if the Reserve Bank will tolerate wage rises beyond 3%

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.