The Latest Breaking News from Philip Lowe

Reserve Bank ‘consulting’ with government on whether King Charles should be on $5 note

RBA governor Philip Lowe says ‘monarch has been on at least one banknote since 1923’ but decision won’t be made until talks with Labor are complete

The Guardian - AU · Nov 1, 2022

Afternoon Update: More rate pain for borrowers; Gold Trip wins Melbourne Cup; and China unhappy with B-52 plan

The Reserve Bank makes its inevitable inflation response. And most Australians don’t care about the cup

The Guardian - AU · Nov 1, 2022

Australian cash rate rises for 7th straight month to 2.85%

Australia’s central bank has boosted its benchmark interest rate for a seventh consecutive month to a nine-year high of 2.85%

The Independent UK · Nov 1, 2022

Australia breaks with global trend, slows interest rate hikes

Reserve Bank of Australia lifts key rate by 0.25 percentage point in nod to uncertain global economic outlook.

Al Jazeera · Oct 4, 2022

Australian central bank lifts cash rate to 9-year high 2.6%

Australia’s central bank has boosted its benchmark interest rate for a sixth consecutive month to a nine-year high of 2.6%

The Independent UK · Oct 4, 2022

Interest rates rise slower as RBA inflation battle enters new phase

The RBA took its foot off the accelerator approving a smaller interest rates rise as the battle to curb inflation enters a new phase. 

The New Daily · Oct 4, 2022

Interest rates rise again as Reserve Bank lifts cash rate to 2.6%

RBA on Tuesday raised its cash rate 25 basis points as it seeks to stifle inflation

The Guardian - AU · Oct 4, 2022

Mortgage bills to soar again as RBA unveils record-breaking sixth interest rate hike in a row

The RBA approved a record breaking sixth interest rate rise in a row on Tuesday, lifting its target cash rate 0.25 percentage points.

The New Daily · Oct 4, 2022

Big issues at play could cause the RBA to make smaller cash rate hikes

Lower rises expected for the rest of the year, economists say, with the possibility of a pause in the longer term

The Guardian - AU · Oct 3, 2022

What is inflationary psychology and how is it impacting our rising cost of living?

Russia, unemployment and fuel prices are contributing to rising inflation. But according to some experts, our prediction of things to come could have an impact too.

ABC News · Sep 23, 2022