The Latest Breaking News from Michele Bullock

RBA deputy governor Michele Bullock says outlook for global economy is 'quite worrying'

RBA deputy governor Michelle Bullock warns of risks in the global economy, but says the RBA's ability to create money helped Australia's economy through the pandemic

ABC News · Sep 21, 2022

Reserve Bank of Australia reports loss of $37bn and plans to cut dividends to Treasury

Central bank in negative equity after 2021-22 loss, a review of its pandemic bond-buying program has found

The Guardian - AU · Sep 21, 2022

RBA dividend not expected for years

The central bank has defended its $281 billion bond-buying program but says it has had serious consequences for its balance sheet.

AAP · Sep 20, 2022

Monthly mortgage bills could rise by another $650. But the RBA’s not worried yet

Home owners are facing another $650 rise in their mortgage bills within months as the economy is pushed to the brink to curb inflation.

The New Daily · Jul 19, 2022

Up to a third of mortgage holders could struggle to keep up with repayments, RBA says

Deputy reserve bank governor, Michele Bullock, says most Australians are ‘well placed’ to absorb the impact of rate rises

The Guardian - AU · Jul 19, 2022

Rates put first home buyers at risk: RBA

Reserve Bank deputy governor Michele Bullock has told a Brisbane audience recent first home buyers are most at risk of default in the face of rising rates.

AAP · Jul 19, 2022

ANZ predicts cash rate above 3 pct in 2022

ANZ is forecasting the cash rate will hit 3.35 per cent for November, a prediction that's the most hawkish of the big four banks.

AAP · Jul 18, 2022

New regulations coming to payment systems

The government is developing a new framework for regulating payment platforms, Reserve Bank of Australia deputy governor Michele Bullock says.

AAP · May 13, 2022

No impact on rates from budget: Treasury

Treasury does not believe the $39 billion worth of spending in last week's budget will have a material impact on inflation or interest rates.

AAP · Apr 5, 2022

Bullock appointed Reserve Bank deputy

The Reserve Bank of Australia has its first female deputy governor in its 62-year history, Michele Bullock, who replaces the retiring Guy Debelle.

AAP · Mar 31, 2022