The Reserve Bank of Australia surprised financial markets by raising interest rates a month after pausing to assess the impact of earlier tightening on its economy. Changes to the Reserve Bank of ...

Australia’s outgoing central bank Governor Philip Lowe said the days of consistently low and steady inflation may be in the past in a wide-ranging speech titled “Some Closing Remarks.” Supply ...

Former Australian central bank Governor Philip Lowe said a clouded outlook for the nation’s high unit labor costs suggests the best course for the Reserve Bank is to “sit still.” Speaking to Bloomberg ...

Australia is obsessed with interest rates like no other country, and it is distracting us from tackling more pressing challenges, like productivity, that would have a greater impact on the cost of ...

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