How do higher interest rates affect inflation?
The 13th interest rate increase since May 2022 has re-ignited the debate about the use of higher interest rates to fight inflation.
Interest rates
Philip Lowe hits back at media in final speech as RBA Governor
In his final speech, RBA Governor Philip Lowe has criticised the media for personal attacks but admitted he had “difficulties” communicating.
RBA Governor Philip Lowe will be replaced at the end of his term
RBA Governor Philip Lowe will not be re-appointed for a second term, replaced instead by his deputy Michele Bullock.
RBA will cut the number of interest rate meetings to 8
RBA Governor Philip Lowe has announced a cut to interest rate meetings after a review into the bank’s culture and practices.
The RBA has left interest rates unchanged for July
The RBA has left interest rates unchanged at 4.1% for the month of July, with RBA Governor Philip Lowe saying inflation has “passed its peak”.
If inflation is falling, why aren’t my expenses?
The latest monthly figures show inflation in Australia has fallen from 7.4% to 6.8%, but that’s still a significant rise. What does it mean?
What are interest rates, and how does it affect housing?
What are interest rates, and how does it affect housing?
