Economy on edge despite interest rate pause
Workers walk past the Reserve Bank of Australia building in Sydney. Source: AP / Rick Rycroft
The federal government says it will not introduce new cost of living measures, despite a $19 billion budget surplus. Meanwhile, the decision to pause interest rates isn't expected to provide much relief to struggling households, as the cash rate remains at the highest level in 11 years.
Share
Latest podcast episodes
Recommended for you
US election 2024: Why people in this small town were the first to vote
2024 united states presidential election
Who is Susie Wiles, the 'Ice Maiden' who will become Trump's chief of staff?
politics of united states