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The Latest Breaking News from Michele Bullock

We're cashing out. The consequences are real for us all

Australia is cashing out. And the consequences are real.

Newcastle Herald

As unemployment drops, so too do expectations of an RBA interest rate cut in the coming months

Michele Bullock has made it clear that curbing inflation remains top priority, but the numbers point to a labour market that isn’t easing as fast as predicted

The Guardian - AU

Australia’s unemployment rate unexpectedly drops from 4.1% to 3.7% in February despite slowing economy

Latest ABS figures show the labour market added 116,000 jobs defying signs of weakness since September

The Guardian - AU

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Rate peak to buoy confidence and possibly home prices

Growing confidence that interest rates are going no higher and cuts may start later this year could improve consumer sentiment and home-buying activity.

AAP

RBA’s Michele Bullock sticks to narrow path as she plots course to a soft landing

The central bank’s governor warned Australians will get sick of her repeating that she won’t rule anything in or out as she tries to tame inflation

The Guardian - AU

Afternoon Update: interest rates hold steady; Rowland defends ABC independence; and how the democracy sausage is made

RBA keeps cash rate at 4.35% but Michele Bullock says she is still ‘worried about inflation’ and will not rule out further rises

The Guardian - AU

Reserve Bank tipped to hold interest rate but economists split on when cuts will start

Pundits and investors expect the RBA to leave its cash rate unchanged at 4.35% when the board meets on Tuesday

The Guardian - AU

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Subsidiaries offer cheaper rates than big bank parents

Big banks are attracting new customers via their subsidiaries and digital offshoots while customers with their main brands keep their margins healthy.

AAP

Cash rate likely on hold in 'straightforward' call

No change in interest rates is expected when the Reserve Bank meets this week and the case to hike further will likely be discussed despite a weak economy.

AAP

Australia's jobless rate hits two-year high

Fresh labour data is unlikely to shift the dial for the central bank despite the jobs market slowdown appearing a little ahead of schedule.

AAP

RBA says productivity, conflicts cloud inflation path

The job of bringing inflation under control isn't finished, although consumer price growth does not need to be back within target before rate cuts start.

AAP

The RBA says it’s still worried about inflation, but few believe this will mean higher interest rates

Instead of claiming demand factors are the main reason for inflation, the spotlight should be on companies’ pricing decisions

The Guardian - AU

Morning Mail: Closing the Gap failing, no immunity for Trump, homelessness deaths ‘unacceptable’

Fundamental reform needed if scheme is to be succeed, says scathing report; former US president loses appeal on right to avoid prosecution

The Guardian - AU

Thrifty December cures sales-fuelled debt hangover

Many shoppers racked up credit card bills during the November sales but the damage could have been worse given acute financial pressures.

AAP

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The Guardian - AU

Thought we were on track for a rate cut? For now, the RBA says it’s time to come back to earth

RBA governor Michele Bullock wants to make Australian inflation is truly under control before releasing the handbrake on interest rates

AAP

Rates probably on hold but all eyes on RBA governor

More interest rate hikes are broadly off the table but the Reserve Bank governor is likely to keep her options open in a big week of public appearances.

AAP

RBA boss hopeful for better year following hard 2023

Higher interest rates and cost of living pressures are hurting households and businesses, with the central bank governor acknowledging it's been a hard year.

AAP

Reserve Bank wants to keep 'broad coverage' of ATMs

Reserve Bank governor Michele Bullock says cash use is sliding and putting pressure on the business models that underpin access to notes and coins.

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The Guardian - AU

Pre-emptive disaster declarations for Cairns and Townsville – as it happened

This blog is now closed.

AAP

New commissioner picked to run tax office

The federal government has filled two pivotal economic roles at the tax office and Reserve Bank of Australia.

The Conversation

Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely

If you’re looking for clues about whether the Reserve Bank has any interest rate rises left, Governor Michele Bullock offered several in her statement after Tuesday’s board meeting, saying:

The Guardian - AU

Jim Chalmers appoints outsider and former Bank of England executive director as deputy RBA governor

Rare appointment of outsider Andrew Hauser to senior position comes after review found bank should encourage ‘diverse viewpoints’

AAP

Australian shares sink after hawkish talk from RBA boss

The local share market closed down 0.6 per cent to hit its lowest level in a week following a speech by RBA governor Michelle Bullock.

The Guardian - AU

Man found dead after statewide search – as it happened

This blog is now closed.

The Guardian - AU

RBA governor says inflation ‘increasingly homegrown’, suggesting interest rates will remain high

Michele Bullock warns prices are ‘rising strongly for the majority of the goods and services we all consume’

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