RBA rate hike looms as Plibersek and Joyce clash

Summarised from 2 outlets · Updated 27 Sept, 23:42 · Archive

Australia's Reserve Bank may raise interest rates despite cost-of-living pressures.

The Reserve Bank of Australia may be preparing a rate hike. Tanya Plibersek and Barnaby Joyce have clashed over the decision, with warnings that interest rates could reach levels similar to those during the global financial crisis, dashing hopes for cost-of-living relief.

How it is being reported

• RBA rate hike looms as Tanya Plibersek and Barnaby Joyce clash over Australia’s GFC-level interest ratesPerth Now · 27 Sept, 22:28
• RBA rate hike looms as Tanya Plibersek and Barnaby Joyce clash over Australia’s GFC-level interest ratesThe West Australian · 27 Sept, 22:28

In this story: Reserve Bank of Australia · Tanya Plibersek · Barnaby Joyce · Australia

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem