Australian economy tipped for a soft landing as inflation falls
A soft landing for the economy remains on the cards as the Reserve Bank maintains it's possible to drive down inflation without sacrificing growth.
RBA to get its first-ever woman governor in Michele Bullock
The Reserve Bank of Australia will get its first woman leader as the federal government chooses not to extend Philip Lowe's tenure.
Report reveals extent of real-time payments debacle as RBA apologises for outage
The Reserve Bank of Australia has lifted the lid on a crippling outage that halted transactions flowing through the New Payments Platform in mid-October.
RBA says inflation will peak at 8% by the end of 2022
Reserve Bank governor Philip Lowe also says inflation will hover above 3% in two years.
RBA hikes cash rate to 2.35%, marking a record five months in a row of increases
The Reserve Bank of Australia has declared it will increase the cash rate target for a fifth time by 50 basis points to 2.35%, following its monthly meeting this afternoon.
Interest rates will keep rising because the Reserve Bank is scared it can’t contain inflation
Why did the Reserve Bank just hike its cash rate by an out-sized 0.50 percentage points for the third consecutive month, taking it to 1.85%? Partly because it knows what is to come.
Rising corporate profits biggest factor in Australia’s surging inflation, report finds
Profits, not wages, are the main driving force behind inflation, according to a new report that throws light on major companies posting big profits while passing on higher prices to customers.
Adam Schwab: How Philip Lowe’s failures could help send Australia into a recession
Inflation and rising interest rates are pushing Australia towards a likely recession. And on the list of culprits, RBA governor Philip Lowe is very near the top.
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.
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.
