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Philip Lowe

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The half trillion-dollar stimulus we didn’t know about

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

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Chalmers has every right to comment on what the Reserve Bank is doing to the 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
Maybe only a recession will fix macroeconomic management

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

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

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
Reserve Bank revolution begins – but inflation remains its key issue

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
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Elon Musk’s Australian Tesla chair and James Murdoch savaged by judge

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
New governor, same mission: RBA sticks with unpopular rate rises

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

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
All the reasons interest rates are a bad way to manage the economy

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
How Philip Lowe was caught on the cusp of history

How Philip Lowe was caught on the cusp of history

The outgoing boss of the Reserve Bank will be seen as a man caught by the changing tide, a victim of the economics profession’s then failure to see what everyone these days accepts as obvious.

  • by Ross Gittins

Original URL: https://www.watoday.com.au/topic/philip-lowe-4y6