Scott Morrison has denied today's interest rate hike has cost him the federal election. The Prime Minister urged Aussies to stick with him after the Reserve Bank hiked interest rates to 0.35 per cent, which will result in higher mortgage payments for thousands of home owners. Prime Minister Scott Morrison and Treasurer Josh Frydenberg at a press conference after interest …
Reserve Bank governor Philip Lowe has warned Russia's invasion of Ukraine will send a new wave of inflation around the world. He said this was a "critical issue" because, if people started to believe that prices would keep rising, it could challenge the ability for central banks to keep inflation under control. Dr Lowe said, at the moment, financial market …
