The Latest Breaking News from Michele Bullock

Philip Lowe will leave his post as head of the Reserve Bank, with Michele Bullock the first woman picked to lead Australia's central bank.

Studies using traditional statistical methods have long indicated a link between unemployment and suicide. But until now it has been unclear if this relationship is causal. That is, even though the suicide rate is higher among the unemployed, can we definitely say unemployment directly leads to suicide?

Australia facing a multi-year per capita recession and even a quarter of negative economic growth in early 2024 with higher interest rates.

Australia has managed to engineer full employment but the extreme competition for workers risks keeping inflation higher for longer.

Reserve Bank officials say record high rates of refinancing are keeping average home loan rates relatively low.

Inflation is more than double the headline wages growth – wages are lagging, not leading, Michael Pascoe writes.

A Reserve Bank senior official has fielded questions about Labor's budget, its undershot inflation forecasts and its 2024 forecast for interest rate rises.

The Reserve Bank of Australia will not hesitate to raise interest rates "quite quickly" if there are signs inflation is getting too far out of control, its deputy governor says.

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