trump musk shoppers 2025 state tax summer trumps bank trade

RBA ready to use rapid-fire rate cuts if Trump policies rattle Australia’s economy, minutes reveal

Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it Australia news live: latest politics updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank of Australia is prepared to “respond decisively” to any deterioration in the global economy, paving the way for rapid-fire cash rate cuts if Donald Trump’s tariffs spark further market upheaval.The 20 May RBA meeting minutes, released on Tuesday, show the rate-setting board discussed implementing a bumper 50 basis point cut last month. But they decided such a move was not yet warranted because there were no immediate signs the economy had been significantly affected by the US trade policy.Sign up for Guardian Australia’s breaking news email Continue reading...

Comments

Similar News

RBA interest rates announcement: Reserve Bank cuts official cash rate to 3.85%

Business News

Thieves cut through wall, safe to steal $1.3 million in jewelry in Illinois

washington times

Thieves cut through wall, safe to steal $1.3 million in jewelry in Illinois

about 1 hour ago

Martin Lewis issues Cash ISA rules update for anyone with tax-free savings

Martin Lewis issues Cash ISA rules update for anyone with tax-free savings

about 1 hour ago

Five ways to make your own dips using ingredients you may already have

Five ways to make your own dips using ingredients you may already have

about 1 hour ago

From a ‘bored’ cat to a dog dealing with the heat – your pet queries answered

From a ‘bored’ cat to a dog dealing with the heat – your pet queries answered

about 1 hour ago

JEFF PRESTRIDGE: NatWest leaves tourist hotspot without a single bank branch

JEFF PRESTRIDGE: NatWest leaves tourist hotspot without a single bank branch

about 1 hour ago

Actress Helen Lederer needed a loan when the tax was due for her Celebrity Big Brother stint

Actress Helen Lederer needed a loan when the tax was due for her Celebrity Big Brother stint

about 1 hour ago

It's great to have a female Chancellor - just not this one!, says jeweller Kiki McDonough

It's great to have a female Chancellor - just not this one!, says jeweller Kiki McDonough

about 1 hour ago

Trump's tariffs will cost UK steel industry £150m - despite trade deal

Trump's tariffs will cost UK steel industry £150m - despite trade deal

about 1 hour ago

Millions of homeowners could be paying far too much for their mortgages

Millions of homeowners could be paying far too much for their mortgages

about 1 hour ago

I'd never paid a bill until my divorce at 57!

I'd never paid a bill until my divorce at 57!

about 1 hour ago

The expensive funds that ARE worth paying for

The expensive funds that ARE worth paying for

about 1 hour ago

Starmer's trade deals FIASCO: 'Win-wins' are just sugar-coated concessions

Starmer's trade deals FIASCO: 'Win-wins' are just sugar-coated concessions

about 1 hour ago

BP battles for its independence amid takeover talk

BP battles for its independence amid takeover talk

about 1 hour ago

GUINNESS EUROPEAN EQUITY INCOME: Forgotten fund turning gems into £100m moneymaker

GUINNESS EUROPEAN EQUITY INCOME: Forgotten fund turning gems into £100m moneymaker

about 1 hour ago

Britain must retain the means of making iron, says Sir Andrew Cook

Britain must retain the means of making iron, says Sir Andrew Cook

about 1 hour ago

A touch of glass! Glam greenhouses create frenzy in US

A touch of glass! Glam greenhouses create frenzy in US

about 1 hour ago

HAMISH MCRAE: Flying Footsie defies the gloom

HAMISH MCRAE: Flying Footsie defies the gloom

about 1 hour ago

TONY HETHERINGTON: John Lewis binned my carpet - but refuses to give me a refund

TONY HETHERINGTON: John Lewis binned my carpet - but refuses to give me a refund

about 1 hour ago

AI leaders have a new term for the fact that their models are not always so intelligent

AI leaders have a new term for the fact that their models are not always so intelligent

about 1 hour ago

AMA: Doctors And Patients Hurt By ‘Big Beautiful Bill’

AMA: Doctors And Patients Hurt By ‘Big Beautiful Bill’

about 1 hour ago

Gavin Newsom And Jay Pritzker Offering Red States The Deal Of Lifetime

Gavin Newsom And Jay Pritzker Offering Red States The Deal Of Lifetime

about 1 hour ago

WWE Money In The Bank 2025: Men’s IC Title Match Added Last Minute

WWE Money In The Bank 2025: Men’s IC Title Match Added Last Minute

about 1 hour ago

Horror Comedy ‘Clown In A Cornfield’ Arrives On Streaming This Week

Horror Comedy ‘Clown In A Cornfield’ Arrives On Streaming This Week

about 1 hour ago

UFC 316 Results: Winners And Losers Dvalishvili Vs. O’Malley 2 Card

UFC 316 Results: Winners And Losers Dvalishvili Vs. O’Malley 2 Card

about 1 hour ago

‘Ginny & Georgia’ Season 3: Brianne Howey Discusses Her Character’s Mental Health

‘Ginny & Georgia’ Season 3: Brianne Howey Discusses Her Character’s Mental Health

about 1 hour ago

Lebanon aims to lure back Gulf tourists to jumpstart its war-torn economy

washington times

Lebanon aims to lure back Gulf tourists to jumpstart its war-torn economy

about 2 hours ago

Uh, Costco cards don't work as REAL ID at airports, says TSA

washington times

Uh, Costco cards don't work as REAL ID at airports, says TSA

about 2 hours ago

Trump says Xi will relinquish rare earths; trade talks set for Monday in London

washington times

Trump says Xi will relinquish rare earths; trade talks set for Monday in London

about 2 hours ago

Trump says Musk will face 'consequences' if he backs Democrats

washington times

Trump says Musk will face 'consequences' if he backs Democrats

about 2 hours ago

Many HSBC customers get up to £868 for free

Many HSBC customers get up to £868 for free

about 2 hours ago

UK households earning under £40,000 given £250 cash payment

UK households earning under £40,000 given £250 cash payment

about 2 hours ago

The ultimate loser of Trump and Musk’s bloody battle royale could be the nation

The ultimate loser of Trump and Musk’s bloody battle royale could be the nation

about 2 hours ago

Morrison shoppers are rushing to buy three new chocolate flavours of popular coffee drink

Morrison shoppers are rushing to buy three new chocolate flavours of popular coffee drink

about 2 hours ago

I tried UK’s wackiest ice cream flavours from pickled onion to Bisto – the crazy £4.50 winner surprised me

I tried UK’s wackiest ice cream flavours from pickled onion to Bisto – the crazy £4.50 winner surprised me

about 2 hours ago

Trump says he has no desire to fix his relationship with Musk, even after the former 'first buddy' deletes his X posts

Trump says he has no desire to fix his relationship with Musk, even after the former 'first buddy' deletes his X posts

about 3 hours ago

Burnes’ Season-Ending Injury Complicates Arizona’s Future

Burnes’ Season-Ending Injury Complicates Arizona’s Future

about 3 hours ago

Detroit Tigers ‘Prospect’ Is A Baseball Study In Pure Perseverance

Detroit Tigers ‘Prospect’ Is A Baseball Study In Pure Perseverance

about 3 hours ago

Musk Follows Harvard In Biting The Hand That Feeds

Musk Follows Harvard In Biting The Hand That Feeds

about 3 hours ago

BowFlex Recalls 3.8 Million Adjustable Dumbbells After Injury Reports

BowFlex Recalls 3.8 Million Adjustable Dumbbells After Injury Reports

about 3 hours ago

Savvy shoppers spot amazing Tesco Clubcard trick to get Cineworld tickets for £1 each

Savvy shoppers spot amazing Tesco Clubcard trick to get Cineworld tickets for £1 each

about 4 hours ago

I'm a mom of 4, and there's no winning in parenting. People complain if kids are playing outside or if they're looking at screens.

I'm a mom of 4, and there's no winning in parenting. People complain if kids are playing outside or if they're looking at screens.

about 4 hours ago

2025 Tony Awards Predictions: Who Will Win Every Major Category

2025 Tony Awards Predictions: Who Will Win Every Major Category

about 4 hours ago

Inside A Joyful D.C. WorldPride Music Fest With Jennifer Lopez, Paris Hilton, Zedd, More

Inside A Joyful D.C. WorldPride Music Fest With Jennifer Lopez, Paris Hilton, Zedd, More

about 4 hours ago

Phillies Place Bryce Harper On IL, Call Up Otto Kemp

Phillies Place Bryce Harper On IL, Call Up Otto Kemp

about 4 hours ago

‘Fortnite’ Is Down: Here’s When Servers Come Back Online For Season 3 And Superman

‘Fortnite’ Is Down: Here’s When Servers Come Back Online For Season 3 And Superman

about 4 hours ago

I'd never paid a bill until my divorce at 57! Here's the vital advice I'd give every married woman...

I'd never paid a bill until my divorce at 57! Here's the vital advice I'd give every married woman...

about 6 hours ago

Al Pacino Horror Movie ‘The Ritual’ Splattered With 6% Critics Score

Al Pacino Horror Movie ‘The Ritual’ Splattered With 6% Critics Score

about 6 hours ago

The Musk Vs. Trump Feud: Musk Deletes Tweet Linking President To Epstein Files

The Musk Vs. Trump Feud: Musk Deletes Tweet Linking President To Epstein Files

about 6 hours ago

Nintendo Issues Two Safety Warnings About The Nintendo Switch 2

Nintendo Issues Two Safety Warnings About The Nintendo Switch 2

about 6 hours ago

NYT ‘Connections’ Hints And Answers For Sunday, June 8th

NYT ‘Connections’ Hints And Answers For Sunday, June 8th

about 6 hours ago

Coco Gauff Becomes First American Woman Since Serena Williams To Win French Open

Coco Gauff Becomes First American Woman Since Serena Williams To Win French Open

about 6 hours ago

Coco Gauff Wins French Open—Her Second Grand Slam Title

Coco Gauff Wins French Open—Her Second Grand Slam Title

about 6 hours ago

WWE Money In The Bank 2025 Match Card, Participants And Favorites

WWE Money In The Bank 2025 Match Card, Participants And Favorites

about 6 hours ago

Gauff And Sabalenka Final Show Women’s Tennis Is Ready For 5 Sets

Gauff And Sabalenka Final Show Women’s Tennis Is Ready For 5 Sets

about 6 hours ago

‘Ballerina’ Has Higher Audience Scores Than Every ‘John Wick’ Movie

‘Ballerina’ Has Higher Audience Scores Than Every ‘John Wick’ Movie

about 6 hours ago

Gap Partners With Malbon Golf To Bridge Gap Between Style And Sport

Gap Partners With Malbon Golf To Bridge Gap Between Style And Sport

about 6 hours ago

Can an American pope apply U.S.-style fundraising to fix Vatican finances?

washington times

Can an American pope apply U.S.-style fundraising to fix Vatican finances?

about 7 hours ago

What it would take to convert a jet from Qatar into Air Force One to safely fly Trump

washington times

What it would take to convert a jet from Qatar into Air Force One to safely fly Trump

about 7 hours ago

X for the win? Users were glued to the Elon Musk v. President Trump blowup

washington times

X for the win? Users were glued to the Elon Musk v. President Trump blowup

about 7 hours ago

Federal judge approves $2.8B settlement, paving way for U.S. colleges to pay athletes millions

washington times

Federal judge approves $2.8B settlement, paving way for U.S. colleges to pay athletes millions

about 7 hours ago