The Latest Breaking News from Michele Bullock

November interest rate rise was needed to avoid risk of larger future increases, RBA says

Minutes of the November meeting show the RBA board believed the risk of inflation continuing above target was too high to keep rates on hold

The Guardian - AU · Nov 21, 2023

All eyes on RBA messaging for hints on rates outlook

Public appearances from senior Reserve Bank officials should shed some light on the future outlook for interest rates as the tightening cycle nears its end.

AAP · Nov 19, 2023

The RBA has only one tool to fight inflation with – and households are being hammered

No homeowner under the age of 55 has had to cope with interest rates rising like this

The Guardian - AU · Nov 8, 2023

Gyrocopter crash kills pilot in Victoria; warning over supermarket surveillance – As it happened

All the day’s news as it unfolded

The Guardian - AU · Nov 4, 2023

Will they, won't they? All eyes on RBA Cup Day meeting

Stubbornly high inflation has raised the chances of a November interest rate increase by the central bank, putting more financial pressure on borrowers.

AAP · Nov 4, 2023

Grattan on Friday: Treasurer Jim Chalmers pumps up his role in energy transition

Jim Chalmers – as if he doesn’t have enough on his plate – is marching into the centre of energy policy.

The Conversation · Nov 2, 2023

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 · Oct 31, 2023

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 · Oct 28, 2023

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 · Oct 26, 2023

What you missed on Senate estimates, day four

The top stories out of the fourth day of Senate estimates.

The Canberra Times · Oct 26, 2023