The Latest Breaking News from Michele Bullock

Hopes for a future rate cut improve but RBA leaves interest rates on hold for now

Reserve Bank leaves cash rate at 4.35% for ninth consecutive meeting

The Guardian - AU · Dec 10, 2024

Grattan on Friday: frustrated government can only bite its tongue as it waits on Michele Bullock

As she reads the economic commentators, Reserve Bank Governor Michele Bullock might, in moments of doubt, wonder whether she’s making a similar misjudgement to her predecessor Philip Lowe.

The Conversation · Dec 5, 2024

Top bank chief reveals why rates are still on hold

Australia's top central banker reveals why she still hasn't pulled the trigger on interest rate cuts despite similar countries already taking action.

AAP · Nov 28, 2024

How will Donald Trump’s victory affect Australia’s economy? Here are some clues

The biggest uncertainty – for shares, inflation and rates – is whether the president-elect acts on promises such as hefty tariffs, and how soon

The Guardian - AU · Nov 7, 2024

No change to RBA forecasts after Trump election

The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation.

AAP · Nov 6, 2024

Anthony Albanese needs interest rates to fall – if they don’t, his reelection chances certainly will

The prime minister needs lower rates and Australians to believe the worst of the cost-of-living crisis is over

The Guardian - AU · Nov 5, 2024

Bullock is sending a message to politicians: rate cuts or big spending promises – you can only have one

The Reserve Bank governor’s comments show she’s in no hurry to bring relief to borrowers

The Guardian - AU · Nov 5, 2024

Reserve Bank leaves interest rates on hold as Michele Bullock ducks questions on rate cut timing

RBA’s decision to leave cash rate unchanged comes as underlying inflation remains above bank’s target range

The Guardian - AU · Nov 5, 2024

Watt confirms Labor considering releasing sealed section of robodebt report – as it happened

This blog is now closed

The Guardian - AU · Nov 4, 2024

RBA resists taking a punt on Melbourne Cup day rate cut

The Reserve Bank has not gambled on a Melbourne Cup rate reduction, with punters left to ponder whether borrowers will receive a windfall before Christmas.

AAP · Nov 4, 2024