Today the independent Reserve Bank increased interest rates by 25 basis points.
Australians are already paying a hefty price for the war in the Middle East and this decision will make it tougher.
It will add to the pressure that families and businesses are under at a time of ongoing global instability.
We understand that people are under pressure which is why we’re rolling out responsible cost of living relief.
The uncertainty and volatility in the global economy mean there is an even greater premium on responsible fiscal management.
In the upcoming Budget, we’ll continue this government’s record of responsible economic management by saving more than we spend and banking all upward revisions to revenue.
A maintenance worker seems to be working on buried pipelines when he comes across the bundle of wires in the way, and starts cutting
These are expensive fiber optic cables, and a lot of them. Likely over $25,000 worth of just cables not counting work
Cutting this amount of fiber cables will knock out internet for tens of thousands of people, maybe even over 50,000 people
@AlboMP Hey Albo nothing is for free, it’s Australian 🇦🇺 tax payers money. Then with all the new immigrants, I’m paying for their Medicare now.
It’s hard to distinguish between you and a pile of shit 💩
Free healthcare, with just your Medicare card.
We’ve opened 135 Medicare Urgent Care Clinics across the country to make it easier for you to see a GP for free.
Great to visit our Murrumba Downs Medicare Urgent Care Clinic with Ali France.
The fragile ceasefire in the Middle East seems close to collapse after Iran claimed it shot at US warships and Donald Trump said Iranian boats had been sunk.
Read more: bit.ly/48AyZwo
Australians have been delivered a shocking forecast as the number of people going broke surged in the past financial year.
skynews.com.au/business/scien…
A near-certain El Nino weather event later in 2026 means this year is on track to be the hottest on record as global warming accelerates, writes Sky News Weather Senior Meteorologist Rob Sharpe.
skynews.com.au/australia-news…
@SkyNewsAust Imagine a system, so broken 😡 the Government and corporate elites. Cause a problem through broken promises and reckless spending policies.
Then the people (Middle class) have to pay for it, again and again
The Reserve Bank of Australia is expected to lift interest rates by 25 basis points again for the month of May, according to CommSec’s Gillian Bowen.
skynews.com.au/business/marke…
Police have uncovered bucketloads of cash, gold and silver in a multi-million-dollar NDIS fraud, as critics warn the government has not done enough to tackle billions of dollars lost to scams.
skynews.com.au/australia-news…
Former premier Annastacia Palaszczuk’s partner Dr Reza Adib faces potential life imprisonment after being charged with rape and other serious offences at his Gold Coast apartment. Full story here: bit.ly/4tTbeIA
Australia is in talks with global superpowers to help get the Strait of Hormuz back up and running. Anthony Albanese today revealed that more diesel and jet fuel are on the way as the war in Iran puts a squeeze on the oil supply in our region. @telester
Bikies flaunt their wealth and swap clubs like corporate high-flyers now. Here, we reveal how Australia’s six biggest clubs are shifting gears as they try to keep ahead of the law and their enemies: bit.ly/3QyfvlX
🚨 JUST IN: The DOJ has released HIGH QUALITY security camera footage of attempted Trump assassin Cole Allen SPRINTING through the security checkpoint at WHCA’s dinner
This is NOT AI generated, like much of the footage posted this week
Secret Service is adamant their agent was NOT struck by friendly fire, but was shot by Cole Allen with a 12-gauge shotgun.
Anthony Albanese will announce $72.5m for NSW housing projects at today’s Future Western Sydney forum and promise Labor’s ‘most ambitious’ budget will tackle the housing crisis affecting young Australians. SEE MOrE:
bit.ly/4mYSDrG
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