Inflation to peak at 7% by year end before easing: RBA Governor Philip Lowe
The governor of the Reserve Bank of Australia (RBA) has predicted headline inflation is likely to hit highs of 7% and peak by the end of the year.
RBA hikes cash rate by 50 basis points, Chalmers flags “cost of living package” in October budget
The Reserve Bank of Australia has increased the cash rate by 50 basis points, bringing it up to 85 basis points or 0.85%.
Why the Stage 3 tax cut won’t benefit everyone, and work against the RBA’s measures to counter inflation
The Reserve Bank is pushing up interest rates to take money out of our hands, so why is the government scheduled to do the opposite?
Global inflation is likely to stick around, RBA says, as wages and business lending come to the fore
Global inflation is "high and is likely to remain so for a while", but the outlook for domestic investment and wage growth remain somewhat positive.
How the RBA being too aggressive on interest rates could cause a recession
Australia's latest burst of inflation is weird, and resistant to rate hikes. If the RBA isn’t careful, too many more rate hikes like this might help bring on a recession.
‘The right time’: RBA hikes cash rate target to 0.35%, ending record low interest rates to combat rising inflation
The Reserve Bank of Australia will lift its cash rate target by 25 basis points to 0.35%, marking its first rate hike in more than a decade.
Why an interest rate rise during the election campaign could spell the end for Morrison
An interest rate rise during the election campaign could have consequences as huge as our rampant real estate market.
Guy Debelle leaves RBA for Twiggy’s green fund, leaving the race for Lowe’s successor wide open
The move came as a surprise given that, as deputy, Guy Debelle was long seen as the heir apparent to Reserve Bank governor Philip Lowe, whose term expires in September next year.
How RBA governor Philip Lowe expects Australia’s economy to progress in 2022
Reserve Bank governor Philip Lowe has painted an optimistic picture of where the Australian economy is heading after a turbulent 2021.
RBA governor stifles Scomo’s interest rate scare campaign
Philip Lowe’s speech on inflation yesterday was drafted well ahead of Scott Morrison’s comments about how the Coalition would keep interest rates lower than Labor.
Small businesses in ‘survival’ mode as access to finance remains a pain point
Small and medium businesses are bearing the brunt of ongoing lockdowns and many are now in “wait, survive and see” mode, says Reserve Bank governor Philip Lowe.
RBA forecasts show Australia won’t recoup last year’s real wage cuts until later this decade
The RBA thinks we're heading for the same rut of low wages growth as before the pandemic. That leaves workers behind and unlikely to catch up for a long time.
