Glenn Connley

May 5, 2026

See you next week?

Michele Bullock falls back on this line: The interest rate is the tool we’ve got. It’s blunt. It does affect people in…

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Cutting off your leg now so you don’t sprain it in the future – the RBA strategy

So what can we take from all of this? The RBA acknowledges that raising interest rates here will not do anything to…

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RBA Governor acknowledges rate rises won’t do anything to change inflation.

So why are they doing it? Because they think that after the ‘oil crisis’ is done, we will all go out and…

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View from Grogs

Michele Bullock in her press conference says that there was already too much demand even before the Iran War.  What she means…

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What if there was no war?

If there was no war, would this interest rate increase have happened? Michele Bullock (who has also been asked which way she…

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Australians are poorer, says RBA Governor, but the ‘trade off is much worse’

This will be what the media takes as the RBA warning against governments wanting to offset people’s economic shock through their budgets….

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Michele Bullock statement

The RBA Governor is giving her statement now, ahead of taking questions. She acknowledges that there are already cost pressures in the…

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The RBA has for a while now been thinking that the labour force is “tight”.

Essentially that means that enough people have a job and actually we could do with a few more unemployed.  But in the…

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RBA concerned about tight labour market

You constantly hear that the RBA say it is concerned about a “tight labour market.” But what does that mean? This is…

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What I would ask the Governor

The Governor of the RBA Michele Bullock will front the press shortly. I have so many questions, but here are a few….

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