The Latest Breaking News from Phillip Lowe

Daniel Andrews blames Victoria’s huge pandemic debt on RBA interest rates advice

Victorian premier says interest rates are ‘smashing families’ despite 2020 advice to national cabinet

The Guardian - AU · May 3, 2023

Hope builds for possible end to interest rate hikes

The Reserve Bank will be hogging the limelight this week with a nail-biter cash rate call and a public appearance from the governor Philip Lowe.

AAP · Apr 2, 2023

As crisis calls over financial distress climb, treasurer and finance minister say they know rate rises are hurting

The government acknowledges a growing number of people making financial distress calls to crisis support hotlines, as the Reserve Bank governor says the mental health concerns of Australians weighs heavily on him.

ABC News · Mar 7, 2023

Treasurer says government's energy market intervention is already working to provide household relief

Treasurer Jim Chalmers tells ABC Insiders the federal government's intervention is putting downward pressure on electricity prices, and inflation remains the economy's greatest challenge.

ABC News · Feb 12, 2023

Chinese ambassador hails ‘very successful’ meeting – as it happened

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The Guardian - AU · Dec 6, 2022

Finance Minister warns government must 'make room' to pay for aged care, defence and disability spending

The Finance Minister says the government will need to include "difficult" savings measures in its October budget, as cost of living pressures prompt some senators to call for the Reserve Bank boss to go.

ABC News · Sep 6, 2022

Regulating digital currencies

Some experts and central bankers point to regulation as the way forward. And supervising stablecoins and crypto exchanges would be a much easier affair than exercising controls over individual financial crypto products.

The Hindu · Jul 18, 2022

Profits push up prices too, so why is the RBA governor only talking about wages?

Reserve Bank of Australia governor Phillip Lowe has invoked memories of the 1970s, warning wage growth must be restrained to contain Australia’s surging inflation.

The Conversation · Jun 26, 2022

Anthony Albanese to meet EU president– as it happened

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The Guardian - AU · Jun 23, 2022

Richard Denniss: Huge profits are driving inflation – not low-paid workers

The rhetoric of a ‘wage-price spiral’ is hardwired into Australia’s debates about inflation, but the reality is we are currently in a price-profit spiral.

The New Daily · Jun 23, 2022