RBA governor Michele Bullock says federal government's $300 …

Jun 5, 2024 · The Reserve Bank of Australia's governor says the federal government's proposed $300 energy bill relief will not have a "material" impact on reducing inflation, but is also unlikely …

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RBA Governor Michele Bullock Says Federal Government's $300 …

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The RBA Governor Is The Real Audience For This Year's Budget - 9News

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May 14, 2024 · The RBA governor is the real audience for this year's budget. ... And her name is Michele Bullock. ... The $300 thrown at 10 million households and $325 for one million …

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RBA Governor Delivers Big Blow To Millions Of Aussies With …

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Ms Bullock said while the federal government's temporary $300 energy rebates would reduce headline inflation - also known as the consumer price index - they would do little to reduce …

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FAQs about RBA governor Michele Bullock says federal government's $300 … Coupon?

Did Governor Bullock warn federal government about spending behaviour?

Reserve Bank governor Michele Bullock has rejected suggestions she cautioned the federal government about its spending behaviour, amid media reporting that she had warned the treasurer to exercise restraint in the lead up to next year's election. "I don't believe I've been cautioning anyone," she said. ...

Why did MS Bullock clarify the RBA's 'too hot' assessment?

Ms Bullock’s clarification comes after the bank’s previous, blunter assessment on federal and state government spending annoyed the Albanese Labor government. Dr Chalmers disagreed with the RBA’s calls that demand was running “too hot”, and Bill Shorten warned the bank could cause a recession with higher interest rates. ...

Does Reserve Bank governor Michele Bullock need a flak jacket?

Reserve Bank Governor Michele Bullock might need her flak jacket when she fronts the media next Tuesday after the bank’s two-day board meeting. ...

What if the RBA governor's remit is boiled down?

Boiled down, Bullock's remit is pretty simple: to keep the Consumer Price Index within 2 and 3 per cent, while keeping as many people employed as possible. So the calculation in the budget is that if the RBA governor's kept happy, she won't reach for the interest rates lever. And if she's REALLY happy, the governor might even lower interest rates. ...

Why did the RBA reschedule a 'robust' government budget?

The RBA singled out spending on aged care and the NDIS as major drivers of the rise in spending, as well as jobs growth. It said government spending growth would remain “robust” over the years ahead based on state and federal government budgets. ...

What does the Reserve Bank Governor say about inflation?

The Reserve Bank governor has warned the treasurer to remain "fully aware" of the inflationary consequences of government spending promises as it heads into a federal election. The governor's message comes as the prime minister says that the worst of inflation is behind the nation. What's next? ...