The Latest Breaking News from Philip Lowe

Australia’s central bank has increased its benchmark interest rate by another quarter-point to 3.6% as it continues trying to tame inflation

The Reserve Bank of Australia has lifted interest rates for the 10th month in a row in its unwavering fight against high inflation.

The Reserve Bank of Australia's March cash rate decision and a speech from the governor Philip Lowe will be the highlights of this week's economic news.

Australia has recovered better than most from the COVID pandemic. As measured by gross domestic product (GDP), the economy is now 7% larger than it was before the pandemic.

A government-ordered review of the Reserve Bank — the first in more than a generation — is expected to ask searching questions of our key financial institution. The leadership of the central bank, the composition of its board, missed targets and broken promises are all elements under examination.

If we can’t agree that generous tax concessions provide benefits to people who really don’t need help, while depriving the budget of funds for things we all need, things are really cooked

Australia Institute warns of a ‘profit price spiral’ and calls for shift in RBA and government narrative towards corporations

There are plenty of younger Knights players who could be blooded in that wing position.

Are the Reserve Bank’s decisions to keep hiking the cash rate damaging the Albanese government’s economic credentials?