NewsBite

Michele Bullock

Advertisement
Reserve Bank governor Michele Bullock.

What Michele Bullock really meant in speech after cutting interest rates

We’ve deciphered the RBA governor’s comments on Tuesday, after the Reserve Bank cut rates for the first time in more than four years.

  • Matt Wade and Shane Wright

Latest

Sarah O’Donnell and her baby Sophie.

‘Breathing room’: Rate cut means Sarah can ‘splurge’ on Easter eggs this year

Four Sydney home loan borrowers react to the first interest rate cut in more than four years.

  • Kayla Olaya and Frances Howe
Reserve Bank governor Michele Bullock addresses the media on Tuesday.

Bullock follows rate cut with a bucket of cold water

Yes, the Reserve Bank has finally cut rates. But the economy is really struggling. And it is still propped up by government spending.

  • Shane Wright
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Feb. 18, 2025. Australia’s central bank cut interest rates for the first time since 2020 as inflation approaches the top of its 2-3% target, while saying it will take a cautious approach to future decisions.

RBA dashes hopes of further rate relief after first cut in four years

The big four banks moved quickly to match the cut to their mortgage rates to alleviate the pain mortgage holders have been feeling since rates started rising in May 2022.

  • Shane Wright, Millie Muroi and Sumeyya Ilanbey
Anthony Albanese’s election timing will be influenced by Michele Bullock’s decision.

At last, Sydney’s heavily indebted home borrowers have reason to smile

With Australia’s economic growth rate anaemic, and the consumer price index within the RBA’s target band, the case for a rate cut was compelling.

  • The Herald's View
Prime Minister Anthony Albanese.

Albanese’s election plans hinge on rate cut for mortgage belt

Mortgage holders and businesses are hoping for an interest rate cut on Tuesday. Anthony Albanese wants it even more.

  • Shane Wright and Millie Muroi
Advertisement
Reserve Bank governor Michele Bullock and the rest of the bank board face one of their biggest decisions in February.

To cut or not to cut? The pros and cons facing the RBA

From what’s happening in the home building sector, to the make-up of the bank’s board, the Reserve Bank has plenty to consider for a February rate cut.

  • Shane Wright and Millie Muroi
Treasurer Jim Chalmers at a press conference on the MYEFO data this week in Canberra.

Public patience wearing thin on Labor’s economic vision

The question is whether the treasurer’s talk of a soft landing will convince voters that the government is doing enough to alleviate the hardship they are experiencing.

  • The Age's View
Reserve Bank of Australia governor Michele Bullock admitted the language change was a deliberate decision that recognised inflationary pressures were declining.

RBA gaining confidence in inflation battle but keeps rates on hold

The Reserve Bank has used its last board meeting of 2024 to keep interest rates steady as economists, and home buyers, look for relief early next year.

  • Shane Wright and Millie Muroi
Treasurer Jim Chalmers

A terrible set of numbers for a treasurer and Reserve Bank governor

No matter how much Jim Chalmers tries to find a golden thread in these bleak economic numbers, there’s no getting away from the fact consumers are scarred.

  • Shane Wright

Original URL: https://www.watoday.com.au/topic/michele-bullock-6frk