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In final House grilling, RBA’s Lowe urges vigilance on inflation

Governor Philip Lowe acknowledged some missteps in the central bank’s strategy on inflation during his tenure and said while the inflation target is now in view, further rate hikes may still be necessary to complete the bank’s important task.
Lisa Uhlman | 11th Aug 2023 | More
Big-four CEOs defend profitability, rate settings at bank competition probe

Fronting a House economics committee inquiry into competition in the banking industry, the heads of CBA, ANZ, Westpac and NAB insisted they weren’t unfairly setting interest rates and that competition and customer engagement in the sector have never been stronger.
Lisa Uhlman | 14th Jul 2023 | More