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Mmastodon BusinessEconomy first seen 11 h ago, last 4 h ago, peak #4

RBA cash rate decision looms as Chalmers defends record

Original: Australia news live: Chalmers defends record as RBA's cash rate decision due https://www.theguardian.com/australia-news/

Treasurer Jim Chalmers is defending his economic record ahead of the Reserve Bank of Australia's latest cash rate decision, in ongoing coverage from Canberra. The decision is being closely watched by households and businesses dealing with mortgage costs and inflation, with the opposition and minor parties including One Nation pressing the government over economic management.

Why now: A Reserve Bank interest rate decision is due, with direct implications for mortgages and the cost of living.

Jim ChalmersReserve Bank of AustraliaAustralian governmentOne Nation

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