The Latest Breaking News from Michele Bullock

Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession

Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn

The Guardian - AU · Mar 17

The RBA has made one of its most controversial calls in recent years - and this rate rise may not age well

Michele Bullock says high inflation hurts everyone, but there still seems to be an extraordinary level of complacency about potential fallout from the US-Israel war on Iran

The Guardian - AU · Mar 17

Despite denials, there are signs the RBA does consider house prices in setting rates

As households are squeezed by the cost-of-living crisis, central bank governors such as Jerome Powell in the United States and Michele Bullock in Australia are coming under repeated fire from politicians, pundits and households.

The Conversation · Mar 15

‘Live’ chance of interest rate hike at March RBA meeting amid oil price spikes affecting inflation, governor says

Michele Bullock not ‘making a prediction’, but cites rise in oil prices due to attacks on Iran and tight labour market as factors in possible cash rate rise

The Guardian - AU · Mar 3

Rate hike odds spike for 'live' March RBA meeting

The battle to tame inflation has been thrown into more uncertainty by conflict in Iran and the Middle East, the Reserve Bank governor says.

AAP · Mar 2

'Too high': risk to economy forces RBA's hand on rates

Minutes from the Reserve Bank's latest meeting reveal the thinking behind its call to lift interest rates for the first in more than two years.

AAP · Feb 16

RBA offers more rates call insight before jobs data

Critical unemployment figures will give Australia's central bank a clearer picture on whether it will deliver a second interest rate hike in as many months.

AAP · Feb 15

Did you buy a coffee machine with a tax refund? It may have affected Australia’s interest rate

Policymakers didn’t think people had the financial capacity to purchase ‘durable’ goods – but a rise in spending contributed to inflation

The Guardian - AU · Feb 14

RBA urges more high-rise amid home-building constraints

Builders are telling the Reserve Bank that it is 'very challenging' to get high-rise projects approved in NSW, but houses are at least becoming faster to build.

AAP · Feb 12

Private demand under the microscope after rate hike

Fresh data will reveal whether the strong momentum in private spending, which spurred the Reserve Bank to lift interest rates, has continued into 2026.

AAP · Feb 8