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Australia news live: Howard says Trump ‘not compatible with democracy’; Commonwealth Bank pushes back rate cut forecast



Former prime minister says he would not vote for the Republican because of election denials. Follow today’s news liveGet our breaking news email, free app or daily news podcastMortgage holders may have to wait longer for an interest rate reprieve, following stronger than expected jobs figures, reports Australian Associated Press.The Commonwealth Bank has shifted its forecast for when the Reserve Bank will lower the official cash rate, now saying a 0.25 percentage point reduction will happen in December, as opposed to previous predictions of a November rate cut.Rex is known as the ‘Transparency Warrior’ for good reason, he works hard to hold the government accountable. He should be in the Senate where he can continue to represent the interests of everyday Australians.Rex’s departure from the Senate was a loss for all of us, but particularly South Australia. We need to get Rex back into the Senate so SA once again has a sensible voice representing them in Canberra. Continue reading…



Source link : https://www.theguardian.com/australia-news/live/2024/sep/20/howard-trump-democracy-rba-interest-rates-economy-real-estate-politics-albanese-dutton-labor-liberal-coalition-housing-weather-nsw-vic-qld-ntwnfb

Author : Martin Farrer

Publish date : 2024-09-19 20:50:48

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