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

Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it

Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more…

The Conversation

Auction jump ahead of expected Cup day rate hike

An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump.

AAP

Grattan on Friday: Cost-of-living crisis is the dragon the government can't slay

At a White House briefing early this week, Joe Biden’s press secretary, Karine Jean-Pierre, was asked whether there’d been any thought of postponing Anthony Albanese’s state visit because of the Middle East conflict.

The Conversation

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

What you missed on Senate estimates, day four

The Canberra Times

Afternoon Update: US mass shooting kills at least 16; Sydney woman found dead identified; and Gen Z want less sex on screen

A man is reported to have opened fire at a bowling alley and bar in Maine’s second-largest city of Lewiston in the US

The Guardian - AU

Australian stocks plunge again to new low for 2023

The local share market has finished at its lowest level in a year amid war in the Middle East, rising bond yields and expectations of more rate hikes.

AAP

RBA governor says inflation bump no surprise but won’t say whether rates will rise

Michele Bullock tells Senate estimates ‘we might need to go again’ as Westpac joins other big banks in predicting November rate rise

The Guardian - AU

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

RBA 'wary' more rate hikes needed to beat inflation

The head of the Reserve Bank admits decision-makers "don't know if the job is done yet" when it comes to interest rate tightening to combat inflation.

AAP

Grim end to year predicted for Labor with high chance of at least two more interest rate rises

Strong quarterly inflation figures sends market scrambling as odds on for interest rate hike at Reserve Bank’s Melbourne Cup Day meeting

The Guardian - AU

Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest rates

Today’s figures from the Australian Bureau of Statistics show inflation fell in the September quarter for the third consecutive quarter.

The Conversation

Eight more Australians leave West Bank – as it happened

This blog is now closed

The Guardian - AU

Michele Bullock rules out linking interest rates to employment in first major speech

New RBA governor says she’s working with treasury to ‘modernise and clarify’ the bank’s objectives with the focus still on inflation

The Guardian - AU

Fingers crossed for soft enough inflation numbers

Inflation has passed its peak and quarterly data will indicate if prices have been decelerating fast enough for the Reserve Bank to keep interest rates on hold.

AAP

RBA’s top two executives saw 10% pay increase over past year, report reveals

Annual report notes Philip Lowe and Michele Bullock’s remuneration increase was recommended by an independent committee

The Guardian - AU

Get all your
news in one place.

100’s of premium titles.
One news app.

AAP

'Low tolerance' for slower return to target: RBA

Australia could be galloping towards a Melbourne Cup interest rate rise if progress on inflation proves too slow and the labour market too resilient.

AAP

All eyes on jobs data as marker of economic health

Fresh jobs data will offer key insights into the health of the economy as the Reserve Bank tries to navigate its soft landing.

AAP

New bank chief holds rates but a rise is still in play

Borrowers have been spared further mortgage pain but one more interest rate hike or a longer stretch on hold may be needed to wrangle inflation under control.

The Guardian - AU

Afternoon Update: Trump lashes out on day one of trial; RBA holds cash rate; and Russell Brand faces second criminal inquiry

The former president says the case is being overseen by a ‘rogue judge’ and calls the New York attorney general a ‘horror show’

Get all your
news in one place.

100’s of premium titles.
One news app.

The Conversation

No rate hike yet, but will it rise on Melbourne Cup Day? It all depends on petrol prices

If the Reserve Bank does push up interest rates again, the most likely next date is its next board meeting, on Melbourne Cup Tuesday.

The Guardian - AU

RBA interest rates: Reserve Bank keeps cash rate on hold at 4.1% for fourth straight month

New RBA governor, Michele Bullock, warns Australia isn’t out of the inflation woods and further interest rate rises remain on the cards

AAP

Reserve Bank likely to stay on data watch in October

The key cash interest rate is likely to remain unchanged at 4.1 per cent after the first central bank monetary policy meeting led by governor Michele Bullock.

The Guardian - AU

The Reserve Bank shouldn’t be spooked by Australia’s imported inflation

If you look at what’s increased most in price over the past year, such as petrol, there is little that higher interest rates would change

The Conversation

No, the RBA review won't mean handing the bank's decisions to part-time outsiders

Misinformation is circulating about recommendations concerning the Reserve Bank board made by the RBA Review, of which I was a member.

AAP

RBA governor could chair two boards under restructure

Treasurer Jim Chalmers says there are still a handful of issues the Reserve Bank and the government are working through from the review into the central bank.

The Guardian - AU

Outgoing RBA governor Philip Lowe says tough decisions made him ‘very unpopular’

At a speech in Sydney, Philip Lowe has said some of his economic explanations ‘missed the mark’ but that media should avoid ‘clickbait’

1 … 5 6 7 8

People

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

Organisations