The Latest Breaking News from Philip Lowe

Dozens re-detained after visa cancellation bill passes – as it happened

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The Guardian - AU · Feb 16, 2023

RBA governor sticks to the script on future rate rises

Not spooked by an unexpected uptick in the headline jobless rate, the Reserve Bank has stuck with its hawkish stance on interest rates.

AAP · Feb 16, 2023

Employment rates are ‘tracking sideways’, experts say, on January data

A New Year's rise in unemployment has sparked debate about whether cracks are appearing in the labour market.

The New Daily · Feb 16, 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

Philip Lowe says interest rate rises painful but for the best, predicting more to come

Inflation is dangerous, corrosive and hurts people, RBA governor tells Senate estimates

The Guardian - AU · Feb 15, 2023

RBA boss reveals ‘disturbing’ letters from families as mortgage bills skyrocket

Reserve Bank boss Philip Lowe has revealed he's received a series of "disturbing" letters from families about their financial hardships.

The New Daily · Feb 15, 2023

RBA boss Philip Lowe defends record bank profits as he flags further rate hikes

Philip Lowe says it is important in the long term to have "strong" banks that are turning a profit, even though it may be hard to hear for people in the grip of skyrocketing mortgage repayments.

ABC News · Feb 15, 2023