Get all your news in one place.

100’s of premium titles.
One app. Zero ads.

Start reading

Get all your news in one place.

100’s of premium titles. One news app. Zero ads.

Start reading

The Latest Breaking News on Philip Lowe

Inflation may now have peaked. The RBA must tread carefully

The next worry for Philip Lowe is he’ll have to apologise for raising interest rates longer than needed

The Guardian - AU

Michael Pascoe: The Pope’s a Catholic and forecasting is a mug’s game

The RBA had done all that could be done with monetary policy to fight the possibility of recession/depression from a global pandemic

The New Daily

Philip Lowe is the easy fall guy for our economic woes. But maybe we should have listened to him more closely

Reserve Bank governor has been criticised for saying interest rates might not rise until 2024. But that message came with caveats some did not hear

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Afternoon Update: Landmark gender equality bill; Nationals oppose Indigenous voice; and Bob Dylan’s ‘fake’ signature

Labor passes its Respect@Work bill to address workplace culture and is set to pass the industrial relations bill after David Pocock gave his support

The Guardian - AU

RBA Governor Philip Lowe apologises to Australians struggling with mortgages

Reserve Bank Governor Philip Lowe has apologised to Australians for giving them unclear guidance that led to hundreds of thousands taking out big mortgages in the expectation that interest rates would stay low until 2024.

ABC News

RBA governor 'sorry if people listened' to interest rate advice

"I'm certainly sorry if people listened to what we said and they acted on what we had said and now regret what they had done. So that's regrettable. I'm sorry that happened."

Newcastle Herald

RBA 'sorry' for missed cash rate forecast

Reserve Bank boss Philip Lowe has admitted language around the 2024 interest rate forecast was not clear enough and apologised for the miscommunication.

AAP

Read news from The Economist, FT, and more,
with one subscription

RBA governor 'sorry people listened' to interest rate advice

Greens senator Nick McKim accused the governor of "inducing many Australians to take out mortgages in the belief that interest rates wouldn't rise until 2024".

The Canberra Times

Good cop, bad cop: let’s not scapegoat one female police commissioner

Katarina Carroll can’t reform Queensland police all on her own, a reader says. It’s time to rethink who should wear the uniform.

Crikey

Conflict of interest: have low cash rates created the ‘everything bubble’?

In new book The Price of Time, economist Edward Chancellor explores the role central banks have played in the snowballing challenges of the past quarter century

The Guardian - AU

The world is changing, but don’t tell big business or its media cheerleaders

The changing world is not all that favourable to business. So businesses want governments to prevent workers from using their greater bargaining power.

Crikey

Afternoon Update: Labor stings RBA governor on wages remark; Friendlyjordies’ home ‘firebombed’; and the world’s oldest meal

RBA governor Philip Lowe says it is ‘best [to] avoid’ pushing wages up even as workers suffer real wage cut due to inflation

The Guardian - AU

Philip Lowe’s world of growing volatility — and why you, not those responsible, will pay the price

The Reserve Bank has recognised that the world is becoming more volatile and inflationary — but not how it will respond.

Crikey

Bridget Archer flags crossing the floor again on national integrity commission – as it happened

This blog is now closed

The Guardian - AU

Get all your
news in one place.

100’s of premium titles.
One news app.
Zero ads.

The Guardian - AU

Morning Mail: Australia’s exciting start to World Cup, scientists’ climate warning, problems at The Project

In today’s newsletter: the Socceroos score an early goal against France; Australia faces hotter, wetter climate; and Ten show exodus continues

Crikey

Not waving, drowning

Australia is 1.47C hotter now than it was in 1910 with extreme weather only going to get worse, a new report has warned, and interest rates are likely to have reached 3.1% by December.

The New Daily

Michael Pascoe: Interest rates won’t work like they used to

The RBA board should be thinking very, very seriously about before lifting interest rates again, Michael Pascoe writes.

The Guardian - AU

Global shocks likely to drive more frequent interest rate changes, RBA says

Central banks will need to adjust rates more often to respond to unpredictable levels of inflation, Philip Lowe says

Get all your
news in one place.

100’s of premium titles.
One news app.
Zero ads.

ABC News

RBA governor Philip Lowe warns Australians to brace for higher inflation, lower growth

The Reserve Bank governor warns the global economic conditions that helped central banks keep inflation low and stable are reversing, making for more economically volatile times, and potentially higher interest rates ahead.

AAP

RBA leaves 50bp rate hike on the table

The Reserve Bank is prepared to do whatever is necessary to ensure the spike in inflation is only temporary and doesn't linger.

AAP

Reserve Bank December rate rise on course

The central bank governor will give a major speech this week and could signal a pause in interest rate hikes is no longer on the table for this year.

The New Daily

‘Wouldn’t want to trade’: Why Australia’s inflation battle pales in comparison to global woes

Times are tough in Australia right now, but Reserve Bank boss Philip Lowe doesn’t think you’d want to be anywhere else.

Crikey

Inflation nation: why Lowe and the RBA need to start using the r-word

Australians need greater clarity from the Reserve Bank about the measures it is prepared to take to get inflation back down.

Crikey

Solar flair

Rooftop solar power generation hit a bright spot in Queensland, Victoria, South Australia and Western Australia this spring, and a third of Australia’s public companies paid not one cent in tax in 2020-21.

The New Daily

Alan Kohler: Economists disagree on where interest rates are heading – shock

It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Sydney Morning Herald

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.