Our Team

James GlynnSenior Reporter, The Wall Street Journal

Latest

SYDNEY, AUSTRALIA - NewsWire Photos APRIL 20, 2023: Reserve Bank of Australia Governor Philip Lowe during a press conference on Thursday at the RBA following the release of government recommendations. Picture: NCA NewsWire / Nikki Short

New RBA board may get a hostile reception

Australians can act very childishly when it comes to responding to the often uncomfortable policy decisions made by its central bank.

James Glynn

commentaryEconomics

BRISBANE, AUSTRALIA - Newswire Photos - APRIL 20, 2023.Federal Treasurer Jim Chalmers speaks at a press conference in Brisbane. Mr Chalmers released the RBAÃs review recommendations.Picture: Dan Peled / NCA Newswire

Reserve Bank overhaul brings new communication risks

The RBA’s current structure looks quirky, but Jim Chalmers is tampering with a board that delivered economic growth for 28 years.

James Glynn

CommentaryBusiness

Philip Lowe, governor of the Reserve Bank of Australia (RBA), in Sydney, Australia, on Tuesday, June 21, 2022. Lowe reiterated that Australians should be prepared for further interest-rate increases, while emphasizing that future policy moves will be shaped by incoming economic data. Photographer: Brent Lewin/Bloomberg via Getty Images

Pause likely, but the RBA isn’t finished inflicting rate pain

Any pause in the RBA’s campaign of rate rises will be laced with a reminder it’s not finished tapping the policy brakes just yet.

James Glynn

CommentaryBusiness

Sydney Water workers vote to take protected industrial action at a stop work meeting in Sydney on Thursday, July 5, 2012. ASU NSW Secretary Sally McManus claims Sydney Water has cut 10% of its workforce over the past 12 months and is demanding workers give up protections that will lead to further job cuts. (AAP Image/Paul Miller) NO ARCHIVING

Australia’s secret weapon in war on inflation

Soft wage-growth data has kept alive the idea Australia might be different from the rest of the world in its ability to fight inflation.

James Glynn

COMMENTARYThe Wall Street Journal

Philip Lowe, governor of the Reserve Bank of Australia (RBA), attends a hearing before the House of Representatives economics committee in Sydney, Australia, on Friday, Feb. 22, 2019. LoweÂ said he retains the policy flexibility to respond to the trajectory of the economy, reiterating that the chances of an interest-rate hike and cut are more evenly balanced. Photographer: Brendon Thorne/Bloomberg

Debelle, Wilkins in hunt to take RBA reins

Treasurer Jim Chalmers has avoided publicly endorsing the policy management of Reserve Bank of Australia governor Philip Lowe, signalling change is coming at the top of the central bank.

James Glynn

economyThe Wall Street Journal

Philip Lowe, governor of the Reserve Bank of Australia (RBA), during the AFR Business Summit in Sydney, Australia, on Wednesday, March 9, 2022. An interest rate rise in Australia later this year is "plausible," LoweÃÂ said, as Russia's invasion of Ukraine creates a new supply shock that will prolong a period of elevated inflation. Photographer: Brent Lewin/Bloomberg via Getty Images

Philip Lowe the best option to lead central bank

Calls for Philip Lowe to be marched out of his job seem irresponsible given what’s at stake for the economy.

James Glynn

CommentaryThe Wall Street Journal

Inflation-weary Lowe could lift rate above 4pc

There should no longer be any lingering doubt about the hawkish intentions of the Reserve Bank this year, which on Tuesday signalled it has a lot more work to do.

James Glynn

EconomyThe Wall Street Journal

SYDNEY, AUSTRALIA - NewsWire Photos January 31st 2023:Retail shoppers in SydneyÃs CBD.Picture: NCA NewsWire / Brendan Read

Hawkish RBA to unleash more rate hikes

There is also unlikely to be much, if any, softening of the RBA’s guidance next week.

James Glynn

EconomicsEconomics

SYDNEY, AUSTRALIA - Newswire Photos October 31, 2022: Members of the public are seen walking past the RBA in Sydney. Picture: NCA Newswire / Gaye Gerard

RBA still far from done in tapping policy brakes

Australia’s central bank has slowed the pace of interest rate increases, but it looks likely to continue tapping the monetary policy brakes well into next year.

James Glynn

commentEconomics

SYDNEY, AUSTRALIA, NCA NewsWire, Thursday, 8 September 2022Governor of the Reserve Bank of Australia, Philip Lowe, public address to the Anika Foundation on Inflation and the Monetary Policy Framework, at Doltone House in Sydney.Picture: NewsWire / Monique Harmer

RBA unlikely to revert to blockbuster rate hikes

Rapidly broadening inflation challenges the central bank’s view that Australia is different, but it will want to hold some firepower.

James Glynn

Original URL: https://www.theaustralian.com.au/author/james-glynn/page/6