The Latest Breaking News from Michele Bullock

Australia's weak private sector could dampen the nation's economic recovery and cause GDP growth to undershoot the Reserve Bank's forecasts.

Hopes of a rate cut have slipped after a shock surge in inflation, but it's not off the cards yet with more data to come before the next Reserve Bank meeting.

A particularly weak inflation print on Wednesday could raise hopes for a back-to-back Reserve Bank interest rate cut next month.

Female empowerment is more than just ‘nice to have’, as I was once told in the halls of parliament. It’s good economic policy

The treasurer has sung the praises of the government's long-awaited roundtable after hours of discussions on productivity, trade and technology.

The unemployment rate slid to 4.2 per cent in July, partly because of an unwinding from an earlier, outsized jump, the Australian Bureau of Statistics reports.

Strong annual growth in wages will be noted by the Reserve Bank as it collates data leading up to its next decision on whether to cut interest rates.

The prospect of lower rates is good news, but Michele Bullock’s vision for the future appears blurrier

The Reserve Bank of Australia lowered the official interest rate by 25 basis points to 3.60% at its meeting today, marking the third cut this year. The move follows reductions in February and May, and comes after a pause in July that surprised analysts and upset mortgage holders.

The Reserve Bank of Australia has delivered a pessimistic assessment of Australia's productivity potential, ahead of the government's economic roundtable.

RBA also warns of ‘persistently’ lower productivity growth than previously expected as it reveals interest rate decision