RBA governor faces grilling on 'hawkish' rate hike talk Reserve Bank governor Philip Lowe will appear before parliamentary committees this week after what's been labelled as a "hawkish" shift for the central bank. AAP · Feb 12, 2023
Intervention for energy prices working, says treasurer Treasurer Jim Chalmers says intervention in the energy market is working and that a decision will be made mid-year on the fate of RBA governor Philip Lowe. AAP · Feb 11, 2023
What experts think of the RBA’s interest rate rises – and what they say is coming next Five leading economists give their views on what’s on the horizon for Australia’s economic future The Guardian - AU · Feb 8, 2023
Walking the ‘narrow path’: Will Australia avoid a recession in 2023 as Jim Chalmers predicts? Treasurer Jim Chalmers isn't predicting a recession in 2023, but experts say the risk is rising as consumer spending slows. The New Daily · Feb 8, 2023
How high will interest rates go? RBA flags more mortgage pain in 2023 Australians are being warned to brace for even more interest rate hikes after the Reserve Bank began 2023 with a fresh mortgage squeeze. The New Daily · Feb 7, 2023
RBA warns of at least 2 more interest rate rises in coming months, as the economic outlook worsens Australia’s cash rate has hit 3.35%, after the Reserve Bank raised interest rates for the ninth time in a row – and signalled more interest rate pain ahead. The 0.25 percentage point rise adds A$90 a month to a $600,000 variable mortgage. The Conversation · Feb 7, 2023
Australia lifts cash rate to 3.35% with 9th rate hike Australia's central bank has lifted its benchmark interest rate for a ninth consecutive time to 3.35% as it battles inflation that rose to 7.8% in the latest quarter The Independent UK · Feb 7, 2023
‘Higher than expected’: RBA signals more rate hikes as 2023 inflation battle begins The Reserve Bank has kicked off the New Year with another squeeze on homeowners, lifting its target cash rate to a decade-high 3.35 per cent. The New Daily · Feb 7, 2023
RBA interest rates: Reserve Bank lifts official rate to 3.35% in record ninth consecutive hike to tame inflation Mortgage holders likely to feel immediate pain but RBA indicates further increases to come in attempt to bring inflation under control The Guardian - AU · Feb 7, 2023
RBA hikes interest rates to decade-high in first meeting of 2023 The Reserve Bank has raised interest rates to a decade high 3.35 per cent at its first meeting of the year in a bid to curb sky-high inflation The New Daily · Feb 7, 2023
Letters explaining $5 note shock decision released Letters explaining the future of Australia's $5 note, which will include a replacement for the portrait of the monarch with a new design, have been released. AAP · Feb 3, 2023
Alan Kohler: The RBA is fighting for its purpose … and its life Let’s have a sort of “upper-level extension” to the RBA in the fight against inflation, writes Alan Kohler. The New Daily · Feb 1, 2023
How long will we use human misery to control inflation? An interest rate increase? On the agenda? Try eight, actually happening. Dr Lowe and his RBA colleagues did get left behind. The New Daily · Jan 15, 2023
Inflation crossroads: Where cost-of-living crisis, interest rates could go in 2023 It’s been a rollercoaster year for families as a cost of living crisis has combined with steep interest rate hikes to squeeze millions. The New Daily · Jan 2, 2023
The New Daily · Dec 14, 2022 Alan Kohler: Three broken promises define 2022 Thanks to our unaffordable housing, Philip Lowe might not end up with a recession on his conscious, only the legacy of broken promises.
AAP · Dec 14, 2022 RBA boss to stay on if reappointed Reserve Bank of Australia governor Philip Lowe says he has no plans to resign when his term is up next September.
AAP · Dec 13, 2022 Government takes aim at high payment fees The federal government and the central bank want to foster competition in payment technologies to help drive down the cost of transactions.
The Guardian - AU · Dec 7, 2022 Reserve Bank review ‘will be relevant’ to Philip Lowe’s chances of a second term, Chalmers says Treasurer says it is not a ‘performance review’ but will ‘feed into our thinking’ about RBA leadership
AAP · Dec 7, 2022 Decision on RBA's top job due next year The treasurer will consider the best possible leadership structure for the central bank when weighing up the reappointment of governor Philip Lowe next year.
The New Daily · Dec 6, 2022 All eyes on Christmas as Reserve Bank mulls even higher interest rates in 2023 RBA Governor Philip Lowe unveiled an eighth interest rates hike at the bank's final meeting of 2022 on Tuesday.
The Independent UK · Dec 6, 2022 Australia's central bank raises key interest rate to 3.1% Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it tries to wrestle down inflation
The New Daily · Dec 6, 2022 ‘Harsh and heavy’: Rates hiked again as RBA ends 2022 with eighth straight squeeze The Reserve Bank has raised interest rates for the eighth month in a row, lifting its target by 0.25 percentage points.
The New Daily · Dec 6, 2022 Interest rates rise to decade high as RBA delivers Christmas pain The Reserve Bank has raised interest rates for the eighth month in a row, lifting its target by 0.25 percentage points.
ABC News · Dec 4, 2022 Former treasurer Peter Costello criticises both Labor and Coalition over their economic management The former Liberal treasurer has some harsh words for governments past and present.
The Guardian - AU · Nov 30, 2022 Inflation may now have peaked. The RBA must tread carefully The next worry for Philip Lowe is he’ll have to apologise for raising interest rates longer than needed