PoliticsNow: RBA governor Philip Lowe flags more rate rises amid 0.5pc hike, cash rate hits 1.85pc
Philip Lowe warns of 'further steps' as the central bank hikes rates to 1.85pc, adding $140 to the monthly interest bill on a $500k mortgage once it's passed on.
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Marles pays US an AUKUS advance
Australia has made its first AUKUS down payment to the US as the Albanese government looks to lock-in Trump administration support for the submarine program.
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Miners’ blast to Treasurer: don’t waste our billions
Mining chiefs have accused Jim Chalmers of squandering surpluses they helped deliver and warned the budget will remain in deficit unless spending is reined-in and fiscal discipline applied.
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