Philip Lowe
The half trillion-dollar stimulus we didn’t know about
The Reserve Bank and governments pumped hundreds of billions of dollars into the economy to deal with Covid. We are still counting the cost.
- by Shane Wright
Latest
Opinion
Australian economy
Chalmers has every right to comment on what the Reserve Bank is doing to the economy
The RBA has a job to do, but let’s never forget it’s a bunch of unelected people wielding what amount to extraordinary powers. It’s not infallible, and it should not be verboten for an elected parliamentarian to note the effects of the RBA’s choices.
- by Shaun Carney
Opinion
Interest rates
Maybe only a recession will fix macroeconomic management
The reliance on interest rates to reduce demand is hugely unfair – and it is lacking in effectiveness.
- by Ross Gittins
Former RBA boss warns Australian living standards in firing line
Philip Lowe says the current tax system is hurting Australia’s productivity, with the GST rate too low and income tax too high.
- by Millie Muroi
Philip Lowe backs RBA’s caution on rate cuts
The former Reserve Bank governor has joined the chorus of voices warning that interest rates may have to stay higher for longer.
- by Colin Kruger
Ross Gittins; an inspiring educator for young and old
For more than 25 years I taught with pictures of famous economists above the black/whiteboard to inspire my students. They were: Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes and Milton Friedman. Guess who completed the row?
Reserve Bank revolution begins – but inflation remains its key issue
The Reserve Bank has, like clock-work, met on the first Tuesday of the month to set interest rates. That is about to end as it embarks on major reform.
- by Shane Wright
Elon Musk’s Australian Tesla chair and James Murdoch savaged by judge
A US court has voided billionaire Elon Musk’s $80 billion pay package, while the judge took a swipe at chair Robyn Denholm and board member James Murdoch.
- by Kishor Napier-Raman and Bianca Hall
Opinion
Interest rates
New governor, same mission: RBA sticks with unpopular rate rises
Michele Bullock had been in a honeymoon period with Australia’s mortgage borrowers since she took the RBA’s governor role in mid-September. That’s over now.
- by Elizabeth Knight
Australia passes the halfway point of the mortgage cliff. But the pain’s not over
Treasurer Jim Chalmers said the passing of the midway mark of the transition, underway since last year, was welcome news, but acknowledged that families continued to face cost of living strain as inflation was still high.
- by Lisa Visentin
Opinion
Interest rates
All the reasons interest rates are a bad way to manage the economy
We should start the move away from monetary policy.
- by Ross Gittins
Original URL: https://www.smh.com.au/topic/philip-lowe-4y6