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Lowe sees 'strong case' for RBA rate setters to stay the same

Philip Lowe has undercut Jim Chalmers’ push for new RBA board members, saying the existing directors are best placed to steer inflation back to target.

Sydney , New-south-wales , Australia , Australian , Josh-frydenberg , Ian-harper , Alison-watkins , Carol-schwartz , Andrew-hauser , Michele-bullock , Carolyn-hewson , Iain-ross

RBA interest rates cuts a 'distant prospect' until 2025 as board meets for new era

As RBA directors arrived at Martin Place, former official Paul Bloxham said interest rate cuts were a “distant prospect”, and traders pushed out their predictions.

Sydney , New-south-wales , Australia , Melbourne , Victoria , Australian , Jerome-powell , Louie-douvis , Carolyn-hewson , Catherine-livingstone , James-morley , John-romalis

Reserve Bank revolution begins - but inflation remains its key issue

The Reserve Bank has, like clock-work, met on the first Tuesday of the month to set interest rates. That is about to end as it embarks on major reform.

Sydney , New-south-wales , Australia , Martin-place , Australians , Australian , Andrew-hauser , Carolyn-hewson , Louie-douvis , Alison-watkins , Carol-schwartz , Jim-chalmers

Reserve Bank revolution begins - but inflation remains its key issue

The Reserve Bank has, like clock-work, met on the first Tuesday of the month to set interest rates. That is about to end as it embarks on major reform.

Australia , Sydney , New-south-wales , Martin-place , Australian , Australians , Carolyn-hewson , Andrew-hauser , Carol-schwartz , Steven-kennedy , Jerome-powell , Alex-ellinghausen

Reserve Bank revolution begins - but inflation remains its key issue

The Reserve Bank has, like clock-work, met on the first Tuesday of the month to set interest rates. That is about to end as it embarks on major reform.

Australia , Sydney , New-south-wales , Martin-place , Australian , Australians , Iain-ross , Ian-harper , Jim-chalmers , Alison-watkins , Philip-lowe , Michele-bullock

Reserve Bank revolution begins - but inflation remains its key issue

The Reserve Bank has, like clock-work, met on the first Tuesday of the month to set interest rates. That is about to end as it embarks on major reform.

Australia , Sydney , New-south-wales , Martin-place , Australians , Australian , Jim-chalmers , Carolyn-hewson , Jerome-powell , Iain-ross , Lisa-maree-williams , Andrew-hauser

Decision on SA Aboriginal cultural centre kicked into next year

A state government decision on the stalled Tarrkarri Aboriginal cultural centre on North Terrace has been delayed until the new year, as the search continues for philanthropic funding for a project which could cost up to $600 million.

Adelaide , South-australia , Australia , Australian , Australians , Tony-lewis-indaily , Andrew-mcevoy , Carolyn-hewson , Peter-malinauskas , Bob-carr , Ken-wyatt , Australian-tourism-commission

Split on RBA board seats

Existing RBA board members should not lose their position as interest rate setters, shadow treasurer Angus Taylor has told Treasurer Jim Chalmers.

Iain-ross , Wendy-craik , Elana-rubin , Carolyn-hewson , Cola-amatil , Mark-barnaba , Carol-schwartz , Ian-harper , Alison-watkins , Fair-work-commission , Reserve-bank , Coca-cola-amatil

BHP chairman Ken MacKenzie seeks full term

Ken MacKenzie has declined to say whether he will depart the miner before CEO Mike Henry, but he is keen to run for re-election in November 2024.

Australia , London , City-of , United-kingdom , Brazil , Rio-doce , Estado-de-pernambuco , Adelaide , South-australia , Australian , Brazilian , Australians

'Positive soundings' on private money for stalled Aboriginal cultural centre

Plans for a $400-$600 million Aboriginal cultural centre on North Terrace “potentially” hinge on attracting private funding, Premier Peter Malinauskas says.

Australia , Adelaide , South-australia , Australians , Australian , Andrew-mcevoy , Tony-lewis-indaily , Ken-wyatt , Bob-carr , Carolyn-hewson , Diller-scofidio , Peter-malinauskas