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The Latest Breaking News from Michele Bullock

It took more than a century, but women are taking charge of Australia’s economy – here’s why it matters

For the first time in its 124-year history, Treasury will be led by a woman.

The Conversation

Businesses and consumers caught between opposing forces

Falling interest rates are not buoying the spirits of households and firms as fast as hoped, as global economic uncertainty keeps a lid on sentiment.

AAP

RBA ready to use rapid-fire rate cuts if Trump policies rattle Australia’s economy, minutes reveal

Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it

The Guardian - AU

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Warm weather, Cyclone Trump hit consumer recovery

Australia's economic momentum remains fragile with unseasonably warm weather and consumer concern contributing to weaker retail sales.

AAP

Weak business investment underlines productivity battle

Encouraging productivity-boosting investment, such as infrastructure connecting regions with capital cities, is needed amid a slowdown in capital expenditure.

AAP

Egg, housing costs might fry hopes of earlier rate cut

Headline inflation has held steady but came in hotter than economists expected in the year to April. Whether it's a blip or something else remains to be seen.

AAP

How should central banks respond to US tariffs? The RBA provides some clues

With the return of Donald Trump to the White House, the United States has signalled a return to aggressive tariff policies, upending economic forecasts around the world.

The Conversation

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Restaurants on the brink as business failures plateau

Hospitality venues are feeling the pinch from high business costs and low spending, but lower interest rates should help ease the pain

AAP

Trump's tariff 'rollercoaster' raises recession risk

Donald Trump's trade war has clouded economic forecasts as Australia's central bank seeks to thread the needle to avoid the nation tipping into a recession.

AAP

RBA cuts interest rates, ready to respond again if the economy weakens further

The Reserve Bank of Australia cut the official interest rate for the second time this year, as it lowered forecasts for Australian economic growth and pointed to increasing uncertainty in the world economy.

The Conversation

Search for signs of Trump trade slowdown as RBA meets

Uncertainty, both known and unknown, surrounding Donald Trump's tariffs and their economic impact could spur the Reserve Bank to cut interest rates on Tuesday.

AAP

Jobs and wage data in focus ahead of interest rate call

Most analysts are asking not if, but by how much, the Reserve Bank will cut interest rates - and upcoming jobs data could be pivotal to that decision.

AAP

Inflation is easing, boosting the case for another interest rate cut in May

Australia’s headline inflation rate held steady at a four-year low of 2.4% in the March quarter, according to official data, adding to the case for a cut in interest rates at the next Reserve Bank board meeting in May.

The Conversation

Tariff turmoil triggers Reserve Bank inflation fears

Uncertainty over US tariffs and a brewing global trade war cast a shadow over the Reserve Bank of Australia as it deliberated on cutting interest rates.

AAP

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AAP

Trump tariff trouble to cast shadow on domestic market

While fresh insight into the Reserve Bank's rate decision is set to be revealed, all economic eyes will continue to be on the fallout from US-imposed tariffs.

AAP

Working women key to future economic growth: bank boss

Australia has made significant strides to improve gender equity and increase female participation but the Reserve Bank's head says there is more to be done.

AAP

Bank boss alert, not alarmed over Trump tariff fallout

As rate-cut bets see-saw, the Reserve Bank governor says Australia is well placed for overseas shocks in her first speech since Donald Trump's tariff thump.

AAP

RBA governor expected to address tariff impacts

As the dust settles on Donald Trump's 'liberation day' tariff dump, a speech by Reserve Bank governor Michele Bullock will be closely scrutinised.

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AAP

Two data prints and a Trump wildcard to decide rate cut

Mortgage holders could know by April 30 whether to expect more interest rate relief, as the Reserve Bank casts its eyes on a crucial inflation reading.

The Conversation

Reserve Bank holds rates steady, cautious about the economic outlook

The Reserve Bank of Australia left its benchmark interest rate unchanged at 4.1% today, stressing the uncertainty in the economic outlook.

The Guardian - AU

RBA minutes suggest another interest rate cut isn’t imminent with board expressing ‘caution’

Reserve Bank board members say February cut does ‘not commit them to further reductions in the cash rate target at subsequent meetings’

AAP

Revelations in minutes of interest rate drought breaker

Minutes from the Reserve Bank meeting that finally lower interest rates shows board members responding to signals from recent trends in two key areas.

AAP

Global uncertainty played a role in rate cut: RBA

Slowing inflation helped convince the Reserve Bank to cut rates at its last meeting but uncertainty over tariffs was also a factor, the deputy governor says.

The Guardian - AU

Prices are not going down, and four other things we learned from Michele Bullock’s Friday appearance

Days after cutting interest rates, the RBA governor tells parliamentary committee that while price levels aren’t ‘going back to where people remember’, some relief will be felt soon

The Guardian - AU

Wong says she expressed ‘importance of Oscar Jenkins’ condition’ to Russian foreign minister – as it happened

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