Rate cut likely as underlying inflation falls within RBA target range

Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to MarchElection 2025 live updates: Australia federal election campaignPolls tracker; Election guide; Interactive seat explorerParty policies; Micro parties explained; Full election coverageListen to the latest episode of our new narrative podcast series: GinaGet our afternoon election email, free app or daily news podcastThe treasurer, Jim Chalmers, has raised hopes for a series of interest rate cuts starting from next month after a key measure of underlying inflation dropped below 3% for the first time in three years.The Australian Bureau of Statistics figures come three days before the election and the prospect of further relief for mortgaged households could provide a boost to Labor at the tail end of a campaign dominated by cost-of-living concerns.Sign up for the Afternoon Update: Election 2025 email newsletter Continue reading...

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The memento taken by first British soldier to enter Adolf Hitler's bunker after his death

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