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ABC News (Australia)

ABC News (Australia)

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RBA holds rates at 4.35% despite inflation being too high | ABC NEWS

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The Reserve Bank has left interest rates on hold at 4.35 per cent despite stubbornly-high inflation.

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— @abcnewsaustralia

Reporter David Taylor says the central bank is concerned about curtailing already-sluggish economic growth with an additional rate hike.

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Is the RBA Governor Michelle, PROTECTING the LAZY, DISHONEST, feckless and INCOMPETENT Albanese, Chalmers and their ideologically captured cohort? Is the RBA Governor a progressive? I NOTED the timing of the RBA’s decision just before the last election!

— @pamelakenyon7354

Read more here: https://www.abc.net.au/news/2026-06-16/rba-interest-rates-live-updates-markets-asx-business-jun-16/106801172

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The budget is not helping our growth, expect inflation to go higher, regardless of the war.the economy will not grow without incentives, the budget killed incentive.

— @SueMccorkell

#ABCNEWS #ABCNEWSAustralia

IF Taco Man's oil crisis would end then the Fed can relook at the figures again

— @Jimmy-p9n

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Basically poor people living in tents are subsidising people who bought houses.

@ColdPatterns