Stuart Marsh

Interest rates on hold as RBA Governor Philip Lowe leaves legacy

RBA keeps interest rates on hold as experts warn peak is yet to come

The Reserve Bank of Australia (RBA) has kept interest rates on hold in December, sparing borrowers of a six...

Unemployment rate rises as 19,000 go without work

<p>Unemployment has remained flat despite employment dropping by 65,000 people.</p>

<p>New international powers have been used for the first time after the private health details of 9.7 million Australians were exposed.</p>

<p>Anthony Albanese said the changes will mean the average Australian will receive a tax cut of more than $1500 a year.</p>

<p>The decision comes despite economic data showing inflation is decreasing faster than expected.</p>

<p>&quot;Faraz Tahir counted himself lucky to have come to Australia. In truth, Australia was lucky to have him.&quot;</p>

<p>The Reserve Bank of Australia (RBA) has kept interest rates on hold despite stickier-than-expected inflation and the ever-growing spectre of rising house prices.</p>