A lot of Australians are hoping there might be an interest rate cut at the next Reserve Bank board meeting but they shouldn’t hold their breath.
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In this podcast, independent economist Chris Richardson joins The Conversation to discuss a rate rise, "sticky" inflation, the fall in the standard of living, and a bleak prospect as we go into 2024.
Wednesday’s September-quarter figures, showing inflation is still uncomfortably high, set off speculation about whether the Reserve Bank will increase interest rates again
In this podcast, our guest is Andrew McKellar, CEO of the Australian Chamber of Commerce and Industry. He joins us to give a business take on the economy and relations with the Albanese Government
The government has announced who Philip Lowe's successor is, deputy governor Michele Bullock - She will be the first woman to hold the position.
Although she has been with the bank four decades, the past two have been in areas remote from the setting of interest rates, meaning she won’t feel compelled to defend the mistakes of the past.
It is generally expected Lowe will be replaced, when Treasurer Jim Chalmers takes his recommendation to cabinet
