NSW budget updates LIVE: NSW budget focused on reform, treasurer says

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 90%

Australia Headlines News

Australia Latest News,Australia Headlines

WATCH LIVE: NSW budget address; RBA doesn’t see Australian recession on the horizon; Victoria says offshore wind will blow energy shortfalls away. Follow updates here.

Reserve Bank of Australia governor Philip Lowe said interest rates were still “very low” and people should be prepared for more pain in coming months as the central bank navigated inflation back to within the target band.

“As we chart our way back to 2 per cent to 3 per cent inflation, Australians should be prepared for more interest rate increases.” “If it did, the period of higher inflation would persist, and it would be more costly to reverse,” he said, adding that to date expectations had not shifted markedly from the 2 per cent to 3 per cent annual target.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You mean the same people who promised not raise rates for another 2 years They seem reliable

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Live: NSW now: Police lay hundreds of charges in crackdown on knife crimeMORNING BRIEFING: Police seize more than 110 knives, 21 firearms and charge 232 people as part of a statewide blitz on knife-related crime. This should have been done years ago it would have saved a lot of people. In the 50s & 60s if caught with a knife you were jailed. Michael Rowland and Lisa Millar make horrible comments about Julian Assange and Nick Sandmann. Call Assange 'NOT A JOURNALIST' And we're paying each of them $250k+ a year as Assange gets tortured. DefundTheABC FreeAssange FreeAssangeNOW cold water for all coffee and tea as hot water can be used as a wepon
Source: abcnews - 🏆 5. / 83 Read more »

Live: NSW Now: Police make pre-emptive strike on protest groupMORNING BRIEFING: Police allege officers were attacked and a car was damaged in an operation targeting Blockade Australia, but a legal observer questions why such a large police presence was sent. Has ABC News investigated reports that a young poorly clothed man was left lost overnight in Colo bushland after this raid, and that police refused any search requests? The editor of this disjointed article needs a refresher. If in doubt, just keep to who, what, when, where and how. What a massive waste of police resources nswpolice LiberalNSW NSWLabor GreensNSW
Source: abcnews - 🏆 5. / 83 Read more »

‘This house needs a family again’: Wendy Whiteley’s extraordinary $100 million gift to NSWThe Sydney home of Wendy Whiteley will be sold after her death and her collection of Brett Whiteley artworks donated to the Art Gallery of NSW in an “extraordinary” cultural gift LindaMorrissmh LindaMorrissmh She’s not about to die, is she? Is it really necessary to talk about her “death” as if it’s imminent? What if she turns out to be one of the increasing numbers of super-centenarians. LindaMorrissmh Yes, a wonderful gift from Wendy Whitely. It will be lovely for a family to live in the house. How can the garden be kept for the public and maintained in perpetuity?
Source: theage - 🏆 8. / 77 Read more »

NSW coach Brad Fittler’s secret meeting with referees bossOnly the paranoid survive. Do the Blues have reason to be paranoid about the referees? It's not a secret obviously
Source: smh - 🏆 6. / 80 Read more »

‘This house needs a family again’: Wendy Whiteley’s extraordinary $100 million gift to NSWThe Lavender Bay waterfront home is to be sold, not kept, under the terms of Wendy Whiteley’s promised bequest, with Whiteley saying the home needs a family to love it after she is gone. LindaMorrissmh A beautiful gift to the people of NSW. Thank you Wendy. LindaMorrissmh Wendy you are inspirational ! You created a garden for us & gifted many of Brett’s art works & now a promise of more .You have filled many spirits with joy and thought. Thank You LindaMorrissmh You should go and look at the comments at the bottom of the article. It seems all SMH readers think that the house is worth $100m 🤦‍♂️ The donation is actually the paintings, 'valued' at $100m. The State doesn't see any cash benefit from this.
Source: smh - 🏆 6. / 80 Read more »

‘Perilous state’: Dozens of areas across NSW at risk of critical GP shortagesThe exodus of hundreds of doctors from the workforce means dozens of towns across the state are at risk of not having a single GP available in coming years. lucy_carroll carriefellner Thank you SMH, I reckon This is so easy to fix but these local councils are lazy they don’t want to bring people but take the tax n not even fix roads or bushfires or at least allowing residential area to clear trees so people would t move due to cold. stemplemanmp PaulTooleMP lucy_carroll carriefellner The elephant in the room is the feminisation of the GP workforce. Their professional partners often can’t get work in rural areas, and they often want/ need part time work.
Source: smh - 🏆 6. / 80 Read more »