Reserve Bank governor Michele Bullock has signaled interest rates may rise again if inflation stays stubborn, setting the stage for a political showdown as inflation data looms. The government defends its budget and productivity focus, while the opposition blames Labor’s spending for forcing rate hikes and outlines spending cuts under a Coalition, including migration and disability funding. With inflation still above target and political tensions rising, Australia braces for the next move from the central bank.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/23c0e2ed271f3599

Podden och tillhörande omslagsbild på den här sidan tillhör The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av, eller tillsammans med, Poddtoppen.