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Showing 1 - 10 of 63 results for "Michele Bullock"

Monetary policy decisions now 'more difficult': Bullock

ELIZA BAVIN  |  THURSDAY, 26 FEB 2026
... the start of the month and higher than hoped inflation data this week, Reserve Bank of Australia (RBA) governor Michele Bullock said the central bank is doing its best. Speaking at an event in Melbourne last night, Bullock said there is a fine line in ...

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... higher." This comes after Treasurer Jim Chalmers was forced to defend his government's spending after RBA governor Michele Bullock said increased government spending put pressure on inflation. When questioned about government spending, Chalmers said ...

RBA overlooked government spending in rate hike: Hearing

KARREN VERGARA  |  FRIDAY, 6 FEB 2026
... economy. It is the highest it will ever be excluding Covid in 30 years," he said. Posing the question to RBA governor Michele Bullock, Kennedy asked: "Does government expenditure influence aggregate demand?" "Yes," Bullock replied, explaining that aggregate ...

RBA lifts the cash rate for first time since 2023

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
... cut or kept the cash rate on hold for the past 17 consecutive meetings. In announcing the decision, RBA governor Michele Bullock said persistent inflation concerns led to the rise. "While inflation has fallen substantially since its peak in 2022, it ...

Bullock in 'full solidarity' with Powell

ELIZA BAVIN  |  WEDNESDAY, 14 JAN 2026
Reserve Bank of Australia (RBA) governor Michele Bullock has joined 11 other central bank leaders around the world in showing support for US Federal Reserve (Fed) chair Jerome Powell. This week, the US Department of Justice served the Fed with grand ...

RBA opts to keep cash rate on hold

ANGELIQUE MINAS  |  WEDNESDAY, 10 DEC 2025
... of underlying inflation as its reason for withholding a cash rate change. Following the decision, RBA governor Michele Bullock said: "I don't think there are interest rate cuts on the horizon for the foreseeable future." "I couldn't put a probability ...

APRA stress tests for potential ASX failure

ELIZA BAVIN  |  THURSDAY, 20 NOV 2025
... and ASIC lambasted the ASX over concerns around its management of operational risk. In March 2025, RBA governor Michele Bullock said it was "deeply disappointing". "ASX operates critical infrastructure that plays a central role in the financial system. ...

November rate cut likely off the table as inflation lifts

ELIZA BAVIN  |  WEDNESDAY, 29 OCT 2025
... released by the Australian Bureau of Statistics next month - cannot come soon enough." This comes after RBA governor Michele Bullock made comments at a dinner this week, hinting that another interest rate cut this year was unlikely. "I often get asked ...

Inflation rises 3% in August

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
... expect the RBA to drop the cash rate by 25bp at the board meeting in early November." This comes after RBA governor Michele Bullock told a parliamentary inquiry this week that the Australian economy was "in a very good position", pointing to inflation ...

Australian economy in 'very good place': RBA

ELIZA BAVIN  |  MONDAY, 22 SEP 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has told a parliamentary inquiry the Australian economy is in a good position, with inflation within the board's target range of between 2-3%. Bullock said the central bank is pleased to see inflation ...
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