Governor of the Reserve Bank of Australia
Key FactsRBA lifts cash rate to nearly 15-year high
Sep 29, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: nine.com.au
Summary created with AI assistance · Source: nine.com.au
- The RBA unanimously raised the official cash rate target by 25 basis points to 4.60 per cent.
- The target now stands at its highest level in almost 15 years.
- The central bank said it would consider further increases if needed, guided by data and evolving risks.
- Macquarie Bank announced two minutes later that it was first to adjust variable rates from October 15.
Australian workers didn’t choose this war, but they are paying a hefty price for it.— Jim Chalmers, Treasurer of Australia, in a statement reacting to the RBA rate hike and the economic impact of the war
Chalmers can’t shift any blame on to Trump or Bullock – even if they deserve it: Support for One Nation may have cooled, but the latest Resolve Poll shows the ...
smh.com.au/politics/federal/chalmers-can-t-shift-any-blame-on-to-trump-or-bullock-even-if-they-deserve-it-20261012-p614i1.html
RBA denies staff a pay rise that keeps up with inflation just hours after interest rate rise
theguardian.com/australia-news/2026/oct/01/rba-denies-staff-a-pay-rise-that-keeps-up-with-inflation-just-hours-after-interest-rate-rise
Australia news live: Bullock says interest rates will be hiked again ‘if that’s what’s needed’; Mehreen Faruqi confirms she will contest Greens leadership
theguardian.com/australia-news/live/2026/sep/29/treasurer-jim-chalmers-reserve-bank-cash-rate-decision-coalition-one-nation-ntwnfb
Recession strikes fear into many and pain isn't evenly shared: Pandemic aside, Australia hasn't experienced a recession caused by rising interest rates ...
abc.net.au/news/2026-10-06/recession-leads-to-high-unemployment-pain-not-evenly-shared/107230632
Australia news LIVE: Further interest rate hikes ahead as inflation rate jumps to 4 per cent; Shoebridge elected as new Greens leader
smh.com.au/national/australia-news-live-bullock-blames-domestic-spending-for-rate-hike-inflation-as-government-insists-global-factors-to-blame-no-explosives-found-inside-vans-searched-in-uk-terror-probe-20260930-p611kr.html
Australia raises benchmark rates to 15-year high as it fights sticky inflation: The hike of 25 basis points was in line with expectations by economists polled by ...
cnbc.com/2026/09/29/australia-rates-inflation-monetary-policy.html
CBA, ANZ suddenly change rate calls: Economists at the all of the big four banks now expect the Reserve Bank of Australia (RBA) to raise interest rates at its ...
news.com.au/finance/economy/australian-economy/not-true-extreasurer-drops-rba-bombshell-after-inflation-admission-goes-viral/news-story/dda6a4dc878baa03e56221a8cd4bc744
Aussies warned of a fourth rate hike within days as inflation fears ‘materialise’
nine.com.au/australia-news/reserve-bank-of-australia-fourth-rate-hike-20260918-p60yi2.html
Rates set to rise as RBA governor says 'heat' needs to be taken out of job market
abc.net.au/news/2026-09-22/rba-governor-michele-bullock-interest-rate-increase-predictions/107181326
Bullock slams sluggish businesses and hidebound bureaucracy for nation’s work woes
smh.com.au/politics/federal/bullock-slams-sluggish-businesses-and-hidebound-bureaucracy-for-nation-s-work-woes-20260922-p60zi0.html
AI could be a bubble and is not yet making Australia more productive, Michele Bullock says
theguardian.com/technology/2026/sep/22/ai-could-be-a-bubble-and-is-not-yet-making-australia-more-productive-michele-bullock-says
Australia’s falling house prices are actually a good thing for mortgage holders. Here’s why
theguardian.com/australia-news/2026/aug/11/australias-falling-house-prices-are-actually-a-good-thing-for-mortgage-holders-heres-why
More people are applying for each job than ever before, new data shows: New data has confirmed what frustrated Australian job seekers already know: the number of ...
nine.com.au/australia-news/more-people-are-applying-for-each-job-than-ever-before-new-data-shows-20260812-p60nmq.html
The RBA likely believes it won’t need to hike rates again – but the worst thing it could do is say that out loud
theguardian.com/australia-news/2026/aug/12/reserve-bank-australia-rba-interest-rates-hike-warning-threat
RBA’s threat of a rate rise rings a bit hollow: There’s nothing wrong with RBA governor Michele Bullock using her central bank pulpit to talk up the threat of a ...
smh.com.au/politics/federal/rba-s-threat-of-a-rate-rise-rings-a-bit-hollow-20260811-p60n9e.html
RBA interest rates: Reserve Bank holds cash rate at 4.35% but threatens more hikes if needed
theguardian.com/business/2026/aug/11/rba-interest-rate-announcement-decision-cash-rates-economy
RBA governor issues unusually candid warning to every household: Reserve Bank of Australia (RBA) Governor Michele Bullock has warned households of a potential ...
nine.com.au/australia-news/michele-bullock-interest-rates-warning-speech-20260728-p60ja6.html
Reserve Bank governor Michele Bullock issued a stern warning about inflation, before the clouds parted a little when there was a welcome dip in the numbers ... Show more
The welcome miss on inflation, and the Victorian leadership fallout - The Morning Edition
The welcome miss on inflation, and the Victorian leadership fallout - The Morning Edition
Joyce’s crazy plan for the Reserve Bank would only make things worse: By saying the RBA should tell the government what it should be doing, the One Nation ...
theage.com.au/politics/federal/joyce-s-crazy-plan-for-the-reserve-bank-would-only-make-things-worse-20260712-p60elp.html
Why the market thinks Michele Bullock is bluffing on rate hikes: Michele Bullock made it abundantly clear that the RBA was not ruling out further interest rate ...
abc.net.au/news/2026-06-17/rba-michele-bullock-interest-rate-market-bluff/106804778
RBA delivers welcome relief – but also nine words no borrower wanted to see: The Reserve Bank’s widely expected rate hold has come as a huge relief for ...
nine.com.au/business-news/rba-delivers-welcome-relief-but-also-nine-words-no-borrower-wanted-to-see-20260616-p607dy.html
After three rate hikes in 2026, the Reserve Bank has finally hit pause, leaving the cash rate unchanged at 4.35%.
The board says inflation is "still too ... Show more
Michele Bullock will address media shortly to explain the RBA's unanimous decision to keep the official cash rate at 4.35%. #9News
Reserve Bank warned it must cut interest rates or risk triggering a recession: The RBA has been warned it must cut interest rates now or Australia faces a major ...
realestate.com.au/news/reserve-bank-warned-it-must-cut-interest-rates-or-risk-triggering-a-recession/
RBA boss says economy can weather war and avoid recession: Analysts have raised concerns the country could face a recession and stagflation due to the Iran war ...
smh.com.au/politics/federal/rba-boss-says-economy-can-weather-war-and-avoid-recession-20260604-p603sl.html
RBA not concerned about stagflation or wage-price spiral: RBA governor Michele Bullock says she is not concerned about stagflation or a wage-price spiral
abc.net.au/news/2026-06-04/rba-not-concerned-about-stagflation-or-wage-price-spiral/106759122
Key FactsRBA Raises Rates Amid Inflation and Middle East Conflict
May 5, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: smh.com.au
Summary created with AI assistance · Source: smh.com.au
- The Reserve Bank of Australia increased interest rates for the third time this year to 4.35% as a measure against inflation driven by the Iran war.
- The Middle East conflict has triggered rising global oil prices, causing economic strain and higher fuel costs worldwide.
- Author Craig Silvey pleaded guilty to possessing and distributing child exploitation material, affecting the availability of his published works.
- Four Australians are quarantined on a cruise ship off Cape Verde following an outbreak of the rare hantavirus, with three deaths reported.
Chalmers dismisses Bullock’s inflation warning as ‘hypothetical’: The treasurer said the Reserve Bank governor was responding to a hypothetical question when she ...
smh.com.au/politics/federal/chalmers-dismisses-bullock-s-inflation-warning-as-hypothetical-20260506-p5zu5h.html
Michele Bullock has made a bold move – and it’s not the rate rise: The RBA governor is careful not to make her predecessor’s mistakes. But she’s changed her tune ...
smh.com.au/business/the-economy/michele-bullock-has-made-a-bold-move-and-it-s-not-the-rate-rise-20260507-p5zum6.html
OpinionRBA governor’s frank message on the economy is the biggest shock : Michele Bullock drops her usual caution to spell out the threat of higher prices and lower ...
theguardian.com/commentisfree/2026/may/05/rba-governors-frank-message-on-the-economy-is-the-biggest-shock
Bleak rate hike assessment: 'Australians are poorer' and 'everything is moving in the wrong direction'
9news.com.au/finance/rba-interest-rate-hike-bleak-assessment-australians-are-poorer-and-everything-is-moving-in-the-wrong-direction/8d253ce7-c7ba-4cab-ae83-d8594286a647
PM announces $10 billion fuel move: Australia will establish its first government-owned fuel reserve and lift the minimum stockpile requirement by 10 days under ...
news.com.au/finance/economy/australian-economy/dacked-treasurer-grilled-on-rba-governors-warning-about-tax-cuts-in-the-budget/news-story/dff64b0297cbd51c09349aa93021361f
The Reserve Bank has delivered its third consecutive rate hike this year, but its governor Michele Bullock signalled the central bank now has time to wait and ... Show more
Experts say hiking rates today would be a 'mistake' and claim Australia may already be in a recession
9news.com.au/national/interest-rates-warning-reserve-bank/495170b6-0d69-4ae6-b881-e52775617c32
RBA governor splashes $2m on coastal home – on same day as rate rise: Michele Bullock spent $2 million on a new four-bedroom home on the north coast of NSW on ...
smh.com.au/cbd/rba-governor-splashes-2m-on-coastal-home-on-same-day-as-rate-hike-20260323-p5ro0r.html
RBA Governor Michele Bullock has settled on the purchase of a luxury $2 million holiday home in Yamba, near Byron Bay.
Bullock and her husband, Ian ... Show more
It's February 2020 all over again, but this time one man can end it: Though few Australians recognise it, our economic institutions have an exceptional ...
abc.net.au/news/2026-03-22/the-middle-east-war-will-test-our-crisis-response-team/106479020
The Reserve Bank of Australia (RBA) will remove surcharges on debt and credit cards, saving consumers and businesses about $1.8 billion each year ... Show more
Watch 9News Latest Stories - Season 2026 - RBA Governor settled on fourth home purchase same day as rates rise | 9Now
9now.com.au/9news-latest-news/season-2026/clip-cmn2vdce400170gmq8cxd3hd2/
The RBA has made one of its most controversial calls in recent years - and this rate rise may not age well
theguardian.com/australia-news/2026/mar/17/the-rba-has-made-one-of-its-most-controversial-calls-in-recent-years-and-this-rate-rise-may-not-age-well
Higher interest rates, higher inflation and higher petrol prices: Jim Chalmers’ nightmare scenario is here
theage.com.au/politics/federal/higher-interest-rates-higher-inflation-and-higher-petrol-prices-jim-chalmers-nightmare-scenario-is-here-20260318-p5p4ss.html
Australia central bank hikes rates to 10-month high as Iran war stokes inflation risk
reuters.com/world/asia-pacific/australias-central-bank-raises-rates-again-knife-edge-decision-2026-03-17/
‘Live’ chance of interest rate hike at March RBA meeting amid oil price spikes affecting inflation, governor says
theguardian.com/australia-news/2026/mar/03/live-chance-of-interest-rate-hike-at-march-rba-meeting-amid-oil-price-spikes-affecting-inflation-governor-says
The Reserve Bank of Australia governor, Michele Bullock, says a rate rise remains a 'live' possibility at the next board meeting in two weeks ... Show more
RBA governor says she does not think inflation is taking off again: Michelle Bullock gives more details on how quickly developments affecting monetary policy ...
abc.net.au/news/2026-02-26/rba-governor-bullock-unveils-how-cash-rate-decision-being-made/106389044
Frustrated RBA governor fires up at question: RBA governor Michele Bullock has clashed with Nationals senator Matt Canavan after he accused her of “gaslighting” ...
news.com.au/finance/economy/australian-economy/rba-governor-has-faced-more-opposition-questions-on-government-spending/news-story/b7768590eaa8dc824099029a4924bcb5
Michele Bullock frustrated by 'repeated questions' at Senate estimates: Reserve Bank governor Michele Bullock fires back at Nationals senator Matt ...
abc.net.au/news/2026-02-12/rba-governor-accused-of-gaslighting-australians-on-economy/106335332
Bullock links government spending to rate hike as opposition hits out at Chalmers
smh.com.au/politics/federal/bullock-links-government-spending-to-rate-hike-as-opposition-hits-out-at-chalmers-20260206-p5o022.html
RBA governor grilled over rising inflation : RBA governor Michele Bullock has refused to blame the Albanese government for rising inflation ...
abc.net.au/news/2026-02-06/rba-governor-refuses-to-blame-government-for-rising-inflation/106313266
Australia news LIVE: RBA governor says raising rates was the right thing to do; Starmer apologises to Epstein victims over Mandelson scandal
smh.com.au/national/australia-news-live-albanese-refuses-to-rule-out-changes-to-capital-gains-tax-starmer-apologises-to-epstein-victims-20260206-p5o013.html
National news LIVE: Bullock defends RBA as big four banks all pass on rate rise; Historic Australian defence properties to be sold off
smh.com.au/national/national-news-live-bullock-defends-rba-as-big-four-banks-all-pass-on-rate-rise-historic-australian-defence-properties-to-be-sold-off-20260204-p5nzcn.html
Bullock joins top central bankers in expressing ‘full solidarity’ with Powell in clash with Trump
smh.com.au/business/the-economy/bullock-joins-top-central-bankers-in-expressing-full-solidarity-with-powell-in-clash-with-trump-20260114-p5nttx.html
Key FactsPowell Resists Trump’s Political Pressure
Jan 15, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: newyorker.com
Summary created with AI assistance · Source: newyorker.com
- Jerome Powell is under criminal investigation related to a costly Fed building renovation and policy decisions opposed by Trump.
- Powell maintains that the probe is a pretext to punish the Fed for setting interest rates independently.
- Several Republican senators have expressed concern that the subpoenas undermine the Department of Justice’s credibility.
- Powell remains steadfast in defending institutional autonomy and public service despite political intimidation.
This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. . . . Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public rather than following the preferences of the President.— Jerome Powell, Chairman of the Federal Reserve, during a video statement regarding the subpoenas.
Michele Bullock is standing her ground against Trump. Here’s why it matters: Donald Trump is trying to play God with interest rates. Central bankers are ...
theage.com.au/business/the-economy/michele-bullock-is-standing-her-ground-against-trump-here-s-why-it-matters-20260115-p5nu8g.html
Five years of slow decay: Bullock’s grim warning for future: Two years into her job as Reserve Bank governor, Michele Bullock is worried that the next five years ...
theage.com.au/politics/federal/five-years-of-slow-decay-bullock-s-grim-warning-for-future-20251215-p5nnnm.html
Interest rate rises replace cuts on Michele Bullock's RBA agenda: The Reserve Bank governor has opened the door to interest rate hikes in 2026 ...
abc.net.au/news/2025-12-10/no-interest-rate-cuts-on-horizon-rba-december-decision/106120192
Interest rates are blunt. But so is the RBA – when it needs to be: Why was RBA boss Michele Bullock so explicit this week? Here’s why it might be intentional.
smh.com.au/business/the-economy/interest-rates-are-blunt-but-so-is-the-rba-when-it-needs-to-be-20251211-p5nmt6.html
Watch 9News Latest Stories - Season 2025 - RBA leaves cash rate at 3.60 per cent ahead of Christmas | 9Now
9now.com.au/9news-latest-news/season-2025/clip-cmiy8owwu00060hmpkgfscm41/
Interest rates on hold or a rate hike appear to be the only items on the Reserve Bank’s menu for 2026.
RBA governor Michele Bullock ... Show more
Markets live updates: GDP growth slower than expected in September quarter, RBA says inflation strategy 'absolutely not' a failure
abc.net.au/news/2025-12-03/asx-markets-business-live-news/106094800
Price rises are coming but whatever you do, don’t panic: The message the Reserve Bank tried to send Australians when it kept rates unchanged this week is this: ...
smh.com.au/business/the-economy/price-rises-are-coming-but-whatever-you-do-don-t-panic-20251106-p5n8db.html
Why Michele Bullock is relieved she is keeping rates on hold: Last week the RBA governor issued a blunt warning on the state of financial markets and as markets ...
abc.net.au/news/2025-11-04/why-michele-bullock-is-relieved-to-keep-rates-on-hold/105964738
Inflation jumps to 3.2% dashing hopes of a Melbourne Cup day rate cut for homeowners
theguardian.com/business/2025/oct/29/australia-inflation-rate-cpi-consumer-price-index-figure-rba-reserve-bank
RBA governor Bullock says a severe market downturn would raise financial stability concerns
abc.net.au/news/2025-10-27/rba-governor-michele-bullock-interest-rates-jobless-rate/105937584
'It's scary': RBA governor worried about emerging new scam threat: Michele Bullock says she's worried about the threat posed to the country's payments ...
9news.com.au/national/michele-bullock-warning-quantum-computing/eecf891b-ac66-4d9a-9724-6352b76fc4c5
‘Scary’ technology and scams the threat to payment system: Bullock: RBA governor Michele Bullock says the advent of new technology will improve how we pay for ...
smh.com.au/politics/federal/scary-technology-and-scams-the-threat-to-payment-system-bullock-20251024-p5n4ym.html
RBA interest rates: Expert's bold prediction for pre-Christmas cut: A top analyst says the RBA is about to make a desperate move – and it’s the biggest sign yet ...
realestate.com.au/news/rba-interest-rates-experts-bold-prediction-for-prechristmas-cut/
RBA governor Michele Bullock says First Home Guarantee could lead to riskier loans
abc.net.au/news/2025-10-10/rba-governor-michele-bullock-senate-grilling-property-price-rise/105873716
RBA leaves interest rates on hold in September: The Reserve Bank leaves interest rates on hold at 3.6 per cent, having cut them at its previous meeting in August ...
abc.net.au/news/2025-09-30/rba-leaves-interest-rates-on-hold-in-september/105835342
‘Nothing I can do’: Grim property forecast: Australia’s property prices are at a record high, with Reserve Bank boss Michele Bullock conceding “there’s nothing ...
news.com.au/finance/real-estate/nothing-i-can-do-rba-governors-chilling-warning-to-aussie-firsthome-buyers/news-story/0c7d862ede9bae30ff2584314b4c6687
The RBA seems unlikely to do another rate cut – meaning they’re betting the economy is better than the data says
theguardian.com/business/grogonomics/2025/oct/02/the-rba-seems-unlikely-to-do-another-rate-cut-meaning-theyre-betting-the-economy-is-better-than-the-data-says
House prices driven to record highs on back of rate cuts: The Reserve Bank held interest rates steady at its September meeting as economists and homebuyers look ...
theage.com.au/politics/federal/house-prices-driven-to-record-highs-on-back-of-rate-cuts-20250930-p5mz1p.html
RBA governor Michele Bullock warns housing supply improvement is likely to be several years away
abc.net.au/news/2025-09-30/rba-governor-says-dont-expect-housing-supply-quick-fix/105836722
Bullock on rates: ‘We just need to be a little bit cautious’: The Reserve Bank has held interest rates steady at its September meeting as economists and ...
smh.com.au/politics/federal/interest-rates-on-hold-as-reserve-bank-watches-for-inflation-20250930-p5myve.html
RBA slaps down banks' fraud warning over $1.2 billion card surcharge overhaul: Michele Bullock has hit out at suggestions from Australia's major banks that ...
9news.com.au/finance/michele-bullock-rba-reply-bank-warning-fraud-protections-card-payment-system-overhaul/d2f19f20-eaef-407f-a861-04adfcf41d94
RBA flatly warns these Aussies are screwed: Australia’s housing affordability crisis is set to get even worse thanks to the federal government’s expanded ...
news.com.au/finance/economy/australian-economy/governments-first-homebuyer-scheme-will-create-its-own-problems-rba-warns/news-story/490078c4957d91f763ba51da9c48b006
Key FactsRBA warns expanded first-homebuyer scheme may worsen affordability
Sep 22, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: news.com.au
Summary created with AI assistance · Source: news.com.au
- Governor Michele Bullock confirmed the RBA had assessed government loan guarantees for buyers with small deposits.
- RBA Assistant Governor Brad Jones expects the measure could increase housing credit by 1 to 2 per cent.
- Treasury modelling suggests additional construction over time could moderate the scheme’s effect on prices.
- Electricity prices rose 13 per cent in July; federal rebates are due to end in January, putting renewed pressure on households.
The price of milk will not go back to where it was pre-Covid, same with bread, other staples, petrol and so on. We all have to get used to that and we know it’s tough and it stings when you do your weekly shop.— Michele Bullock, Governor of the Reserve Bank of Australia, said this during testimony to the House of Representatives Standing Committee on Economics.
'Confidence? I'd have to say low': $1.2 billion RBA renovation could blow out even further
9news.com.au/national/reserve-bank-australia-renovation-cost-blow-out-michele-bullock/4618b786-fa18-4bb8-938e-36a4b8056eb8
