The Latest Breaking News from RBA

Afternoon Update: Jacinta Allan to lead Victoria; surging petrol prices fuel inflation; and the US government sues Amazon

Labor MPs elect Jacinta Allan to be premier, replacing the retiring Daniel Andrews

The Guardian - AU · Sep 27, 2023

The Albanese government blew its shot at setting a historic new unemployment target

Treasurer Jim Chalmers says the federal government’s employment white paper is “ambitious”. I’m not convinced.

The Conversation · Sep 26, 2023

High fuel prices to flow through to inflation print

The monthly reading of consumer prices is expected to move up a little to reflect higher prices at the pump, potentially complicating efforts to curb inflation.

AAP · Sep 24, 2023

Inflation cooling to plan but fuel on RBA's watchlist

The Reserve Bank of Australia appears comfortable with the inflation outlook but there are concerns about petrol prices and a weakening Chinese economy.

AAP · Sep 19, 2023

Outgoing RBA governor Philip Lowe says tough decisions made him ‘very unpopular’

At a speech in Sydney, Philip Lowe has said some of his economic explanations ‘missed the mark’ but that media should avoid ‘clickbait’

The Guardian - AU · Sep 7, 2023

Australia’s economy has got smaller on a per capita basis – like it did in the GFC and 1990s recession. So, you know, not good

We now have GDP that is growing only due to population growth and even then only due to government spending

The Guardian - AU · Sep 6, 2023

The RBA’s interest rate-rising looks done – and a soft landing for the economy could be on

Australia’s economy might be just where Philip Lowe wants it – barring any nasty surprise – as he hands over to Michele Bullock

The Guardian - AU · Sep 5, 2023

What's to stop Philip Lowe moving to a private bank after he leaves the RBA? It's what his predecessors did

Surely Reserve Bank Governor Philip Lowe won’t move to a private bank after his term as governor ends next week.

The Conversation · Sep 5, 2023

RBA interest rates: official cash rate left unchanged by Reserve Bank of Australia at 4.1% for a third month

The final rates decision under outgoing RBA governor Philip Lowe was widely expected

The Guardian - AU · Sep 5, 2023

No interest rates rises predicted for Philip Lowe’s final RBA board meeting

Economists say interest rate pause likely for about a year as ABS releases weaker-than-expected economic data

The Guardian - AU · Sep 4, 2023