The Latest Breaking News from Philip Lowe

Treasurer responds after budget attack by ex-RBA head

Former Reserve Bank governor Phillip Lowe has described Labor's latest federal budget as a "redistribution agenda".

AAP · Jun 26

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

Transparency boost: Reserve Bank homes in on key change

The Reserve Bank is likely to implement a key outstanding recommendation of a review into its operations, bringing it in line with international counterparts.

AAP · Jun 15, 2025

Bracket creep is cooling Australia’s economy – it’s good news for interest rates but not for household budgets

The weak economy probably means the next RBA rates move – short of an inflation surprise next month – will be a cut

The Guardian - AU · Dec 6, 2023

RBA’s top two executives saw 10% pay increase over past year, report reveals

Annual report notes Philip Lowe and Michele Bullock’s remuneration increase was recommended by an independent committee

The Guardian - AU · Oct 19, 2023

Reserve Bank of Australia records $6b loss for 2022/23

The Reserve Bank of Australia has reported a loss of $6 billion for 2022/23, including valuation losses from higher bond yields.

AAP · Oct 19, 2023

The Albanese government blew its shot at setting a historic new unemployment target

Treasurer Jim Chalmers says the federal government’s employment white paper is “ambitious”. I’m not convinced.

The Conversation · Sep 26, 2023

No, the RBA review won't mean handing the bank's decisions to part-time outsiders

Misinformation is circulating about recommendations concerning the Reserve Bank board made by the RBA Review, of which I was a member.

The Conversation · Sep 22, 2023

Jim Chalmers warns soft landing ‘not assured’ for economy despite Treasury forecasts

Exclusive: Treasurer expects ‘bumpy’ year ahead as Australia feels the squeeze of higher interest rates and China’s slowdown

The Guardian - AU · Sep 7, 2023

Outgoing RBA governor Philip Lowe says tough decisions made him ‘very unpopular’

At a speech in Sydney, Philip Lowe has said some of his economic explanations ‘missed the mark’ but that media should avoid ‘clickbait’

The Guardian - AU · Sep 7, 2023