The Latest Breaking News from Michele Bullock

Hopes RBA won't repeat shock rates hold as board meets

The "Trumpification" of the US Federal Reserve provides an unsettling backdrop to the Reserve Bank's August meeting, where it is expected to cut interest rates.

AAP · Aug 10, 2025

The politics of falling inflation has been clear – lower is better. But Australia should beware its flip side: slow growth

There’s no convincing argument for the RBA not to cut interest rates on 12 August as economists say they are acting as a brake on the economy

The Guardian - AU · Jul 30, 2025

Inflation slows again — but is it enough for the Reserve Bank to cut interest rates?

Inflation is moving in the right direction, but new figures released today may not be soft enough to trigger a cut in official interest rates in August.

The Conversation · Jul 30, 2025

RBA wary of cutting rates until it has more evidence on inflation, Bullock says

Governor defends cautious approach, saying price pressures have been brought under control without surge in unemployment

The Guardian - AU · Jul 24, 2025

RBA not swayed by jobless spike as next rate call looms

Reserve Bank governor Michelle Bullock has pushed back on rate cut expectations and weighed in on Donald Trump's pressure on Fed chair Jerome Powell.

AAP · Jul 23, 2025

The 'critical' data that could greenlight next rate cut

Economists await key quarterly data that could put the odds firmly in favour of an August interest rate cut, as the Reserve Bank sheds light on its shock hold.

AAP · Jul 21, 2025

Consumer win in card surcharge cut as business bristles

Scrapping surcharges could save Australians about $1.2 billion, but small businesses think they will have to foot the bill.

AAP · Jul 14, 2025

Slow rate of cuts puts squeeze on business, households

Businesses and mortgage-holders banking on a cut to interest rates will have to wait more than a month before the next opportunity for financial stimulus.

AAP · Jul 8, 2025

Afternoon Update: RBA’s surprise decision; how world reported mushroom verdict; and Valerie the dachshund’s new job

The decision came as a shock to financial markets and a large majority of experts who were sure the RBA board would cut interest rates for a second straight meeting

The Guardian - AU · Jul 8, 2025

'Get on with it': next move key with rate cut baked in

With markets all but assured the Reserve Bank board will cut interest rates at its upcoming meeting, the bigger question for traders is what they say next.

AAP · Jul 6, 2025