Coalition and One Nation Demand Jim Chalmers Resign Over Interest Rates

Coalition and One Nation Demand Jim Chalmers Resign Over Interest Rates

Australia’s benchmark cash rate target rose by 25 basis points to 4.6 per cent on Tuesday, reaching its highest level in 15 years following a unanimous decision by the Reserve Bank of Australia, news24.com.au reported. The fourth rate increase of the year arrived as upside risks to inflation materialized, driven by overshooting global energy prices … Read more