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Ethiopian army claims to have taken Tigrayan stronghold
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Australia news live: Bullock says interest rates will be hiked again ‘if that’s what’s needed’; Angus Taylor says ‘this is a dark day’ after RBA decision
Follow the day’s news live Get our breaking news email , free app or daily news podcast New South Wales police say they are investigating the suspicious deaths of two men in the state’s north. Police said they found the first man – who has since been identified as a 79-year-old – dead at a property on Summerland Way at Gurranang, near Grafton, on 13 September. And that’s equally important in the Reserve Bank’s mandate, dual mandate, which talks about maintaining full employment at the same time as they go for price stability, which means inflation in the target band. Well, it’s still lower than what we saw under Howard and Costello, is the first point. I think that’s pretty clear. And what we’ve seen in recent years is that it’s possible to have low and steady unemployment at the same time as we see inflation moderate to more normal levels. Continue reading...

RBA interest rates: Reserve Bank hikes cash rate to 4.6%, the highest level since 2011
Widely expected decision is fourth increase to interest rate this year and will be blow to mortgage holders across Australia Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The Reserve Bank of Australia has lifted its key interest rate to 4.6%, its highest level since 2011, while warning of further hikes. The widely expected fourth increase to the cash rate this year will add to repayment costs for millions of mortgage holders across the country. Before Tuesday’s meeting, it sat at 4.35%. Continue reading...
Public transport drivers strike in Manila over soaring fuel prices
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