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RBA rates of interest: Michele Bullock says Australians poorer with ‘no method out’ as she warns of extra price hikes | Rates of interest

greater by greater
May 5, 2026
Reading Time: 4 mins read
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RBA rates of interest: Michele Bullock says Australians poorer with ‘no method out’ as she warns of extra price hikes | Rates of interest


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The Reserve Financial institution governor has mentioned surging oil costs within the wake of the US-Israel warfare on Iran have made Australians poorer with “no method out”, after handing down an rate of interest rise and warning extra hikes may very well be wanted.

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