Key points from the RBA Governor’s speech

Reserve Bank Governor Michele Bullock has warned that some Australians may have to sell their homes, her first public comment on the state of the economy since the release of June quarter GDP figures on Wednesday.

Here are five key points from Bullock's speech at the Anika Foundation fundraising lunch in Sydney on Thursday.

Are Higher Interest Rates 'Destroying the Economy'?

Bullock was asked several times whether the RBA's 13 rate hikes since May 2022 were "ruining the economy", as Finance Minister Jim Chalmers said in the run-up to this week's GDP figures.

The governor avoided a direct answer, but ...