The Latest Breaking News from Michele Bullock

The numbers could mark the nadir in gross domestic product performance, while the RBA watches closely for cues to help time an interest rate cut

Australia is expected to post its slowest annual economic growth rate outside of the pandemic lockdowns since the 1990s as inflation persists.

Governor Michele Bullock cites consumer spending and China’s slowdown as bigger influences on Australia’s economic trajectory

The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.

Cost of living remains at the top of people’s minds as inflation stays sticky. With an election in less than a year, the government has been doing what it can to address some of the pressures. But the Reserve Bank doesn’t envisage an interest rate cut this year, and has…

It seems that the lessons of the past on issuing ‘forward guidance’ have been quickly forgotten

Reserve Bank governor says there is ‘considerable uncertainty’ over Australia’s economic future and the board ‘remains vigilant’

The central bank says inflation remains too high and warned it could hike again, keeping the spotlight on government efforts to fight inflation.

Reserve Bank’s chief economist says it is ‘difficult’ to hear the stories of those who ‘are struggling’