The Latest Breaking News from Michele Bullock

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet

Governor Michele Bullock delivers a strong message after the Reserve Bank holds the cash rate at 4.35%, ending a run of three rises

The Guardian - AU · Jun 16

FED:RBA keeps rates on hold but leaves door open to hikes

Economists are split on whether the Reserve Bank's latest cash rate decision heralds the end of the hiking cycle or merely a pause before the next move upwards.

AAP · Jun 16

Confidence readings punctuate lull in economic calendar

Consumer and business sentiment surveys are the highlight of an otherwise quiet week on the economic front in Australia, as global turmoil casts a shadow.

AAP · Jun 8

In this year’s budget, Chalmers has to keep a lid on spending – or risk stoking inflation

Crafting a federal budget is never easy. Tonight’s budget is harder than most.

The Conversation · May 11

'Spendthrift' sandgropers trigger GST allowance critics

The scale of cash handouts in the Western Australian budget has infuriated some economists, who argue they are provocatively inflationary.

AAP · May 7

Grattan on Friday: The Farrer result will set off a willy willy. The budget already has

The run-up to a budget always sees a degree of chaos. But this year it has looked like one of those willy willies that blow up in outback Australia when the wind stirs a storm of dust.

The Conversation · May 7

Oil crisis not over: warnings of diesel over $4 a litre

With the Strait of Hormuz still shut and stockpiles running down, economists warn fuel prices could spike above levels previously seen during this oil crisis.

AAP · May 5

RBA governor’s frank message on the economy is the biggest shock

Michele Bullock drops her usual caution to spell out the threat of higher prices and lower growth

The Guardian - AU · May 5

Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault

In sobering comments, the RBA governor forecasts economic malaise due to the global fuel shock. Not recession but higher prices, lower growth and wages that don’t keep pace with inflation

The Guardian - AU · May 5

With no easy options, RBA raises interest rates for the third time to quell inflation

The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep inflation under control.

The Conversation · May 5