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Michele Bullock
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- 1RBA Governor Says Era of Low Interest Rates Is Over●RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australia
Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, signalling that borrowing costs are likely to stay elevated for the foreseeable future. The warning matters for Australian households and businesses still adjusting to higher mortgage repayments, and it has drawn wide attention as people weigh what a permanently higher rate environment means for housing and the wider economy.
- 2RBA Governor Michele Bullock Flags Rate Rise That Could Cost 5% of Jobs▼RBA Rate Rise: Michele Bullock Targets 5% Job Loss
Reserve Bank of Australia governor Michele Bullock is at the centre of debate after a rate rise commentary linked to an estimated 5% job loss figure, sparking concern about the bank's willingness to trade employment for inflation control. Critics argue the figure shows how harsh further tightening could be for Australian workers, while supporters say the RBA is simply being candid about the trade-offs in bringing inflation back to target.