The Latest Breaking News from Philip Lowe

RBA boss Philip Lowe says rate rises hurting households, indications are they will go higher

Reserve Bank governor Philip Lowe has given a strong indication more interest rate rises are on the cards despite nine back-to-back rises causing many households significant pain and leaving them struggling to make repayments on their mortgages.

ABC News · Feb 17, 2023

RBA urges mortgage holders to hunt down better deals

Reserve Bank officials say record high rates of refinancing are keeping average home loan rates relatively low.

AAP · Feb 17, 2023

RBA governor faces second hearing, ASX sheds 0.8 per cent

The ASX200 drops 1.2 per cent over the week, and RBA governor Philip Lowe faces second hearing in Canberra

ABC News · Feb 16, 2023

Morning Mail: exclusive data reveals more patients pay to see GPs, Sturgeon quits, fresh fears for Antarctic

A Guardian Australia investigation shows how where you lives affects your healthcare outcomes; key fight over safeguard mechanism; miners missing in Queensland

The Guardian - AU · Feb 15, 2023

More light and less heat would be appreciated at Philip Lowe’s next grilling on Friday

Lost in the questioning from hostile senators was much insight into why the Reserve Bank wants to keep raising rates

The Guardian - AU · Feb 15, 2023

A lot of pain for inflation gains, RBA boss Philip Lowe tells Senate hearing

RBA boss Philip Lowe gave no clues about how many more mortgage bill hikes are coming in his first public remarks of 2023.

The New Daily · Feb 15, 2023

Philip Lowe has a good game face. If he has any doubts over his decisions, they aren’t showing

The RBA governor came to Senate estimates armed with messages he wanted to convey and an inclination to avoid all trapdoors

The Guardian - AU · Feb 15, 2023

Afternoon Update: RBA boss defends job at Senate grilling; public school enrolments drop; and a sit-down with Lidia Thorpe

Philip Lowe tells Senate estimates interest rates will continue to rise, ‘but how far they need to go, we’re still unsure’

The Guardian - AU · Feb 15, 2023

How high will Lowe go? Five things we learned from RBA governor’s parliament appearance

Philip Lowe tells Senate estimates that interest rates must keep rising to tame ‘corrosive’ inflation – and he is not resigning

The Guardian - AU · Feb 15, 2023

Strong bank profits a 'positive', says RBA boss

The Reserve Bank governor has defended robust profits made by banks and says higher rates will eventually start eroding their earnings.

AAP · Feb 15, 2023