Philip Lowe

As the rental crisis continues to unfold throughout much of the nation, it has left many of us wondering how this could have occurred in a nation as cumulatively wealthy as Australia. By going through some of the data from the ABS, RBA and…

After slugging hardworking Aussies with 10 consecutive rate rises and failing to curb inflation, Reserve Bank of Australia officials have finally admitted they “did a terrible job”.Speaking at a panel in Melbourne on Wednesday, Ian Harper,…

Australians are tackling the cost of living crunch by dipping aggressively into their savings, new figures have revealed.The data, from a survey by comparison site Finder, found 47 per cent of Australians have taken money out of their…

The world is hurtling towards a recession, with the risks skyrocketing for richer nations – including Australia. That’s according to the International Monetary Fund (IMF), which issued to the dire warning in its World Economic Outlook…

Australia could still avoid a recession despite fresh forecasts providing a grim backdrop for the upcoming budget, the Treasurer says. The International Monetary Fund slashed the outlook for the Australian economy overnight and warned the…

Relief for rising power bills will be a key feature of the upcoming budget but the Treasurer has downplayed expectations further handouts are on the table for struggling Australians.Announced as part of a deal between the states and…

Real estate industry coach Tom Panos has slammed an entitled young job applicant, revealing the question the man asked that saw him call off the interview after just 12 minutes.But the prominent auctioneer’s TikTok video has been mocked by…

Reserve Bank governor Philip Lowe has warned not enough homes are being built to keep pace with population growth, driving up rental prices and exacerbating the cost of living crisis. The rapid increase in the cost of renting a property and…

Reserve Bank Governor Philip Lowe has warned interest rate rises are “not over” if inflation remains stubbornly high.In a speech to the National Press Club in Sydney he warned the decision to hold rates steady at 3.6 per cent after 10…

Reserve Bank boss Philip Lowe is set to face a grilling after the board agreed to halt its unprecedented run of interest rate hikes for the first time in a year. The governor will front up to the National Press Club in Sydney on Wednesday…