Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Philip Lowe

Consumer confidence plummets as cash rate lifts

The latest cash rate hike has mortgage holders worried as consumer confidence plunges to its lowest level since April 2020.

AAP

Seeing red over $1.5m in Liberal pork

Just before last year’s election, the Morrison government handed out an unvetted $1.56m to Labor seats it hoped to swing, and 800,000 Australians are hurtling towards a $16,500 home loan ‘repayment cliff’.

Crikey

Four questions Philip Lowe and the RBA need to answer over interest rates

Further rate rises, Reserve Bank strategy, transparency and whether to extend Lowe’s term are likely to come under scrutiny

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

'Nothing untoward' in RBA head meeting bankers: Shorten

Cabinet minister Bill Shorten has defended Philip Lowe's decision to give a private briefing to bankers about interest rate rises.

AAP

Drone company sends Liberal drone to Ukraine

Liberal Senator David Van travelled to Ukraine in August last year on a drone company’s dollar and despite ‘do not travel’ advice, and NT Senator Jacinta Nampijinpa Price goes it alone on a new No campaign for the Voice.

Crikey

Alan Kohler: The undemocratic independent Reserve Bank

Politicians refer so often to the “independent” Reserve Bank that its initials should change to the IRBA, writes Alan Kohler.

The New Daily

No such thing as a free lunch. Questions for RBA governor Philip Lowe about ‘cosy’ meeting

RBA governor Philip Lowe will be asked to explain why he privately briefed elite bankers about the ninth consecutive rise in interest rates – during a

The New Daily

Read news from The Economist, FT, and more,
with one subscription

Treasurer says government's energy market intervention is already working to provide household relief

Treasurer Jim Chalmers tells ABC Insiders the federal government's intervention is putting downward pressure on electricity prices, and inflation remains the economy's greatest challenge.

ABC News

Jim Chalmers confident Australia will avoid recession despite warnings of more interest rate rises

The treasurer also noted ‘very encouraging’ signs on power prices falling, saying Labor’s energy price relief package was working

The Guardian - AU

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

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

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

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

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

Get all your
news in one place.

100’s of premium titles.
One news app.

The Conversation

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 Independent UK

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 New Daily

‘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 Guardian - AU

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

Get all your
news in one place.

100’s of premium titles.
One news app.

The New Daily

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

AAP

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.

The New Daily

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

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

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.

Crikey

Don’t listen to Lowe: wages are slowing, not growing

To expect a wage-price spiral under current conditions is nothing but fearmongering from people who should know better.

The New Daily

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.

1 … 10 11 12 13

People

Jacinta Nampijinpa Price

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.