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The Latest Breaking News from Philip Lowe

Michael Pascoe: We want inflation but not a higher cost of living. Go figure that one

While nobody seems to want the cost of living to be higher, it is official policy to push inflation higher than it has been for a decade.

The New Daily

Workers in driver's seat on wage demands

A new survey has found employers are facing higher wage demands from candidates seeking employment.

AAP

Price rises are hitting consumers as inflation takes off. These are some items that are going up now

As economists predict another round of hikes in official inflation figures, we speak to traders and consumers who are already noticing concerning price rises.

ABC News

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Workers set to take a real pay cut of 1.5% as inflation surges, RBA boss warns

Philip Lowe hopes inflation spike a one-off caused by supply chain disruption and soaring oil prices due to Ukraine invasion

The Guardian - AU

Michael Pascoe: RBA gently points out we don’t have an AUKUS economy

You know the old cliché “if America sneezes, Australia catches a cold”? It’s very last century and long overdue for retirement.

The New Daily

Should miners pay more tax? The war in Ukraine has delivered a massive windfall

Australia’s mining giants are cashing in as the war in Ukraine drives a massive rise in commodity prices. So should they pay more tax?

The New Daily

‘Inflation psychology’: Ukraine war squeezes Australian motorists as nations ban Russian oil

Australians are being slugged with higher petrol prices as the war in Ukraine threatens to usher in a sustained period of higher inflation.

The New Daily

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Interest rate rise ‘plausible’, RBA says, eyeing supply shocks from Ukraine invasion

Reserve Bank will act ‘to maintain low and stable inflation in Australia’, Philip Lowe says

The Guardian - AU

Reserve Bank warns Russia-Ukraine war will send new wave of inflation around the world

Reserve Bank governor Philip Lowe says bottlenecks in the world's supply chains had been easing, but the Russia-Ukraine war could change everything and send prices soaring once again.

ABC News

Rate rise plausible this year: RBA's Lowe

Reserve Bank of Australia governor Philip Lowe has told a business conference that a rise in the cash rate is plausible this year.

AAP

Scott Morrison says defence force ‘not available on a moment’s notice’ to respond to disaster – as it happened

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The Guardian - AU

RBA's Lowe warns of upside inflation risks

RBA governor Philip Lowe has told a business conference inflation could reach four per cent-plus as a result of the Ukraine war and the floods in Australia.

AAP

RBA's Lowe to speak, focus on Ukraine

Reserve Bank governor Philip Lowe will address a business conference on Wednesday, providing an opportunity to expand on his views on the Ukrainian conflict.

AAP

Ukraine major source of uncertainty: RBA

Reserve Bank of Australia governor Philip Lowe says the war in Ukraine is a major source of uncertainty, as the board left rates on hold.

AAP

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ABC News

Reserve Bank keeps cash rate at 0.1 per cent amid Russia's Ukraine invasion turmoil

The Reserve Bank keeps its cash rate target at a record low 0.1 per cent as it watches the unfolding economic fallout from Russia's invasion of Ukraine .

The Conversation

Australia cut unemployment faster than anyone predicted – why stop now?

If you told someone a year ago unemployment was about to dive below 5%, to just above 4%, they wouldn’t have believed you.

The New Daily

Alan Kohler: The Reserve Bank is fiddling while inflation burns

The Reserve Bank is in danger of getting left behind by inflation, which means we’re all in danger of getting left behind by galloping interest rates.

The New Daily

‘Material effect’: Omicron fuels inflation fears as businesses hike prices

Australians are paying more for everything from clothes to burgers after Omicron wreaked havoc on businesses in January, economists warn.

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AAP

Home owners have built big buffers: RBA

Reserve Bank of Australia governor Philip Lowe says home owners have built "big buffers" when it comes to paying the mortgage.

The Guardian - AU

Victoria’s ‘code brown’ to end; WA records second Covid death – as it happened

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AAP

RBA boss says risk if rates rise too soon

Reserve Bank governor Philip Lowe has warned federal politicians that raising the cash rate too soon could put expected lower unemployment at risk

The New Daily

Five ways home owners can prepare for the first interest rate rise in more than a decade

Millions of Australian home owners are staring at a steep rise in their mortgage bills as the RBA brings an end to record-low interest rates.

The New Daily

Michael Pascoe: Aged care, COVID, cheap migrant labour and the minister from the BBC circa 1980

As the spotlight hits the Morrison government’s treatment of aged care workers, we’re to have a task force “examine” deaths in residential aged care.

The New Daily

‘Nothing we can do’: The RBA says it is not to blame for soaring house prices. So who is?

Ask Reserve Bank governor Philip Lowe why house prices are so high and you'll get a telling response. But you have to read in between the lines.

The Guardian - AU

RBA’s ‘opaque’ approach to interest rates no consolation to those hardest hit by inflation

Philip Lowe may have the patience of a saint on interest rates, but he doesn’t have a mortgage to pay

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