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Albanese says he wants to avoid cost of living measures adding to inflation
After the Treasurer spoke earlier this morning defending the government's economic record, we've also heard from Prime Minister Anthony Albanese.
Speaking in Adelaide a short time ago, he was asked whether the government would consider bringing back the fuel excise, which he did not directly confirm or deny.
Economist warns of greater housing challenges
Raising interest rates will not only see higher mortgage repayments and diminished borrowing power, but could also slow the delivery of new housing.
Domain chief residential economist, Dr Nicola Powell
The state of play so far
Michele Bullock and the central bank are widely expected to announce a rate hike at 2.30pm and as we near the RBA's decision this afternoon there's a bit to examine from experts and commentators.
All big four banks and many experts predict the interest rate will increase to 4.85 per cent, a 15 year high.


OpenAI apologises for AI models that breached Australian government websites
The company will send its chief strategy officer to face the Joint Select Committee on Artificial Intelligence in Sydney next month.


Three vans, masked men and a late-night tip-off: What happened outside a UK airbase?
US President Donald Trump has alleged Iranian involvement in an alleged attempted terror attack on a UK airbase.


The unlikely Australian Black Summer landmark that's been classified as a national treasure
A public telephone in Narooma, relied on by locals during the Black Summer bushfires of 2020, has been heritage-listed.









































