The Latest Breaking News from Philip Lowe

Michael Pascoe: The Pope’s a Catholic and forecasting is a mug’s game

The RBA had done all that could be done with monetary policy to fight the possibility of recession/depression from a global pandemic

The New Daily · Nov 29, 2022

Philip Lowe is the easy fall guy for our economic woes. But maybe we should have listened to him more closely

Reserve Bank governor has been criticised for saying interest rates might not rise until 2024. But that message came with caveats some did not hear

The Guardian - AU · Nov 28, 2022

Afternoon Update: Landmark gender equality bill; Nationals oppose Indigenous voice; and Bob Dylan’s ‘fake’ signature

Labor passes its Respect@Work bill to address workplace culture and is set to pass the industrial relations bill after David Pocock gave his support

The Guardian - AU · Nov 28, 2022

Afternoon Update: Labor stings RBA governor on wages remark; Friendlyjordies’ home ‘firebombed’; and the world’s oldest meal

RBA governor Philip Lowe says it is ‘best [to] avoid’ pushing wages up even as workers suffer real wage cut due to inflation

The Guardian - AU · Nov 23, 2022

Bridget Archer flags crossing the floor again on national integrity commission – as it happened

This blog is now closed

The Guardian - AU · Nov 22, 2022

Morning Mail: Australia’s exciting start to World Cup, scientists’ climate warning, problems at The Project

In today’s newsletter: the Socceroos score an early goal against France; Australia faces hotter, wetter climate; and Ten show exodus continues

The Guardian - AU · Nov 22, 2022

Michael Pascoe: Interest rates won’t work like they used to

The RBA board should be thinking very, very seriously about before lifting interest rates again, Michael Pascoe writes.

The New Daily · Nov 22, 2022

Global shocks likely to drive more frequent interest rate changes, RBA says

Central banks will need to adjust rates more often to respond to unpredictable levels of inflation, Philip Lowe says

The Guardian - AU · Nov 22, 2022

RBA governor Philip Lowe warns Australians to brace for higher inflation, lower growth

The Reserve Bank governor warns the global economic conditions that helped central banks keep inflation low and stable are reversing, making for more economically volatile times, and potentially higher interest rates ahead.

ABC News · Nov 22, 2022

RBA leaves 50bp rate hike on the table

The Reserve Bank is prepared to do whatever is necessary to ensure the spike in inflation is only temporary and doesn't linger.

AAP · Nov 22, 2022