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The Latest Breaking News from Philip Lowe

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

This blog is now closed

The Guardian - AU

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

AAP

Policymakers and critics are gunning for the RBA — and for a variety of causes

What do business, neoliberals, Labor and the Coalition have in common? They all want a review of the Reserve Bank. Some scepticism is warranted, however.

Crikey

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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 New Daily

Amid the interest rate fervour, keep watching wages. It could be ugly

In New Zealand, workers now face big falls in real wages while interest rates climb. And Australians could face the same fate before long.

Crikey

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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

The Guardian - AU

‘Fairly modest’: Why RBA chief Philip Lowe isn’t worried about inflation getting out of control

RBA governor Philip Lowe has calmed fears about an imminent rate hike, saying the central bank will wait for wages growth to pick up before taking action.

The New Daily

Building back better: how RBA Governor Philip Lowe sees the year ahead

Reserve Bank Governor Philip Lowe has painted an optimistic view of where the Australian economy is heading after a turbulent 2021.

The Conversation

Home owners told to prepare for rate rise

Reserve Bank of Australia governor Philip Lowe has warned home owners to be prepared for higher interest rates.

AAP

RBA governor Philip Lowe tells the Press Club the bank will 'take time' before raising interest rates

The Reserve Bank governor says policymakers are flying into uncharted economic territory, and the RBA will "take the time" to figure out what is going on before raising interest rates.

ABC News

No reason to raise rates like others: Lowe

Reserve Bank of Australia governor Philip Lowe says there is no reason for Australia to move in lock step with other countries on interest rates.

AAP

Nation records 69 Covid deaths as hospital numbers fall – as it happened

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The Guardian - AU

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AAP

Strong wage growth still key to rate rise

Reserve Bank governor Philip Lowe has again put stronger wages growth as a key element before raising the cash rate.

The Guardian - AU

Reserve bank keeps interest rates on hold and ends stimulus as Australian economy recovers

RBA says it will stop buying government bonds from 10 February but stresses that does not imply a near-term rate rise

AAP

RBA to remain patient before lifting rates

The Reserve Bank of Australia governor Philip Lowe says the central bank board is prepared to remain patient before lifting interest rates.

The Conversation

Vital Signs: it's too early for the RBA to pull the trigger on interest rates

Inflation is picking up in Australia, and there is considerable speculation about what the central bank will do with interest rates in 2022.

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The Conversation

Inflation hits 3.5%, but one high number won't budge the Reserve Bank on interest rates

Australia’s Consumer Price Index rose 1.3% in the three months to December, bringing inflation for the full 2021 year to 3.5%.

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