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The Latest Breaking News from RBA

Economy could slow more than the Reserve Bank expected, latest RBA minutes reveal

Bank left cash rate unchanged in July and meeting minutes state squeeze on households means consumption could slow ‘more sharply than implied by the current forecasts’

The Guardian - AU

Senator says treaty ‘the only way forward’ – as it happened

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The Guardian - AU

Growth fears, expiring fixed rates fuelled RBA's pause

The Reserve Bank board had another tough choice between hitting pause on interest rates or delivering another hike at its last meeting.

AAP

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First female RBA governor to bring 'reform agenda'

The incoming governor of the Reserve Bank, Michele Bullock, will have a full plate overhauling the major institution and laying out new ground rules.

AAP

PM says time to get ‘yes’ case rolling – as it happened

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The Guardian - AU

Easing global inflation story takes pressure off rates

Moderating inflation around the world could help the Reserve Bank build the case for an extended pause on interest rates.

AAP

'I have a mountain of respect' for Lowe: Treasurer

Treasurer Jim Chalmers is unable to say if inflation can come back down without a rise in unemployment but declined to comment on the RBA's July rate decision.

AAP

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Hundreds charged after NSW domestic violence operation; South Australia moves to ban no cause evictions – as it happened

This blog is now closed.

The Guardian - AU

Michele Bullock spells continuity at RBA – but respite unlikely for borrowers

The new chief was one of the board members raising interest rates, but has been brought in to reform the central bank

The Guardian - AU

New RBA governor to send the right message on rate talk

A leading economist says the Reserve Bank's new governor brings monetary policy credibility while the treasurer praises her leadership and communication skills.

AAP

Why was Philip Lowe not reappointed as RBA governor? We can rule out interest rates as a reason

Lowe made three key mistakes – targeting house prices before the pandemic, misleading about future rate rises and ignoring cultural problems within the RBA

The Guardian - AU

Australia appoints first female governor in central bank’s history

Michele Bullock will start her seven-year term as Reserve Bank of Australia governor this September

The Independent UK

Afternoon Update: cautious welcome for new RBA governor; Peter van Onselen loses case; and watch Fran Drescher’s fiery Hollywood strike speech

Labor hails appointment of first female Reserve Bank boss as ‘historic moment for Australia’

The Guardian - AU

RBA lifer Michele Bullock may have the luck of playing good cop to Philip Lowe’s bad

The Reserve Bank of Australia’s first female governor will begin her appointment at or very near the end of the cycle of rate rises

The Guardian - AU

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Al Jazeera

Australia names first woman to lead central bank

Michele Bullock will take over as governor of the Reserve Bank of Australia in September.

The Conversation

Meet Michele Bullock, the RBA insider tasked with making the Reserve Bank more outward-looking as its next governor

Australia’s next Reserve Bank governor, Michele Bullock – the first woman in the job – will take office in September at a time when much of the bank’s work in fighting inflation will be done and its focus will be on changing the way it operates.

The Guardian - AU

Michele Bullock: what you need to know about the RBA’s new governor

The Reserve Bank ‘lifer’ will succeed Philip Lowe in the top job. Who is Michele Bullock and what has been the reaction to her appointment?

AAP

'Country girl' elevated to vital national economic role

The Reserve Bank of Australia will have a new governor from September in veteran central bank official Michelle Bullock.

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The Guardian - AU

Michele Bullock named as new governor of the RBA and first woman to lead central bank

Bullock replaces current Reserve Bank of Australia chief Philip Lowe, whose term expires in September

The Guardian - AU

Philip Lowe to be replaced as RBA governor with successor named after cabinet meeting

Anthony Albanese says when it comes to the next leader of the Reserve Bank ‘we will make that decision as a cabinet’

AAP

First woman to lead Reserve Bank as Lowe exit locked in

Philip Lowe will leave his post as head of the Reserve Bank, with Michele Bullock the first woman picked to lead Australia's central bank.

The Guardian - AU

Nationals accuse Labor of ‘hypocrisy’ over response to scathing APVMA report – as it happened

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The Guardian - AU

The RBA wants to raise unemployment to fight inflation – but who will that hurt the most?

Groups who benefited from strong jobs growth will be the first to lose work come a recession

The Guardian - AU

Where to next for the Australian economy, the RBA – and Philip Lowe?

The Reserve Bank governor will soon find out if his term has been extended – but economic hints from major banks tell a happier story than expected

The Guardian - AU

Afternoon Update: RBA cuts number of meetings; wastewater exposes cities’ drug habits; and an algorithm creates the ‘best’ expletive ever

Reserve Bank governor Philip Lowe says the change will allow more time to examine key issues in detail

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