The Latest Breaking News from Philip Lowe

Philip Lowe leaves clues his rate-rising work may be done – bar an Easter finale

The RBA governor has ditched his hawkish tone and the odds now seem to favour just one more rise, probably in April – but that could change

The Guardian - AU · Mar 7, 2023

How many more interest rate hikes? RBA boss Philip Lowe gives clues

Home owners will be slugged with another mortgage bill squeeze after the Reserve Bank raised its interest rates for the 10th time in a row.

The New Daily · Mar 7, 2023

Why RBA interest rate hikes could end by September – but brace for at least one more

Tuesday’s tenth successive Reserve Bank interest rate hike is the culmination of a process that has added $1,080 to the monthly cost of payments on a $600,000 variable mortgage.

The Conversation · Mar 7, 2023

Reserve Bank hikes interest rates at 10th straight meeting

The Reserve Bank has raised its interest rates target another 0.25 percentage points in March and has signalled even further hikes.

The New Daily · Mar 7, 2023

Interest rate rises: is there a less painful way to curb inflation?

The Reserve Bank of Australia’s monetary policy has been criticised as unfair and ‘too blunt’. But what are the alternatives?

The Guardian - AU · Mar 6, 2023

‘Incredibly difficult’: RBA prepares 10th straight rate hike, despite slowing economy

Struggling home owners face more bad news this week as the Reserve Bank prepares yet another hike in interest rates.

The New Daily · Mar 5, 2023

Reserve Bank's cash rate decision to dominate agenda

The Reserve Bank of Australia's March cash rate decision and a speech from the governor Philip Lowe will be the highlights of this week's economic news.

AAP · Mar 4, 2023

Inflation still the 'defining challenge' as Australia's economic activity slows

Australia has recovered better than most from the COVID pandemic. As measured by gross domestic product (GDP), the economy is now 7% larger than it was before the pandemic.

The Conversation · Mar 1, 2023

Will the Reserve Bank review achieve anything? What difference could it make to interest rates?

A government-ordered review of the Reserve Bank — the first in more than a generation — is expected to ask searching questions of our key financial institution. The leadership of the central bank, the composition of its board, missed targets and broken promises are all elements under examination.

ABC News · Feb 27, 2023

Capping super balances is a logical fight to have in a country that prides itself on equality – but logic isn’t the default

If we can’t agree that generous tax concessions provide benefits to people who really don’t need help, while depriving the budget of funds for things we all need, things are really cooked

The Guardian - AU · Feb 24, 2023