RBA interest rates: Reserve Bank of Australia cuts cash rate to 3.85% amid lowering inflation

20/05/2025 10:59 The Guardian

Michele Bullock says she does not expect Australia to fall into recession, but the bank is wary of economic conditions deterioratingAustralia news live: latest politics updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank of Australia has cut the cash rate by a quarter point to 3.85%, easing pressure on mortgage holders grappling with high living costs and elevated interest repayments.Economists view the RBA decision as a sign that Australia’s central bankers believe inflation is being tamed and that there is no longer a need for a borrowing rate over 4% to constrain households, especially as Donald Trump’s tariffs cast a shadow over the global economy.Sign up for Guardian Australia’s breaking news email Continue reading...

Continua a leggere su "The Guardian"

Altre notizie da "The Guardian"

Israel says ‘external pressure will not divert’ it after UK pauses trade talks – Israel-Gaza war live

Israel foreign ministry spokesperson accuses Britain of ‘anti-Israel obsession’ after UK pauses trade talks over blockade of GazaPhilippe Lazzarini, the commissioner-general of Unrwa, the UN agency that supports Palestinian refugees, has been speaking to Euronews.He said US President Donald Trum...

20/05/2025 17:31 The Guardian

Girl, 11, who drowned at water park was unlawfully killed, coroner finds

Kyra Hill died after getting into difficulties in lake in Berkshire, where there were no signs to warn of deep waterAn 11-year-old girl who drowned during a birthday party at a water park was a “beautiful, beaming beacon of light”, her father told an inquest where a coroner found she was unlawfu...

20/05/2025 16:04 The Guardian

Senators question Paramount over efforts to settle Trump lawsuit

Warren, Wyden and Sanders push for information to determine if media company violated federal bribery statuteDemocratic US senators Elizabeth Warren and Ron Wyden, along with their liberal colleague Bernie Sanders, are pushing for information on Paramount’s efforts to settle a lawsuit filed by Don...

20/05/2025 15:27 The Guardian

Senior Liberals fear Coalition split may damage party for years but others see silver lining

Reforming with Nationals could be very difficult once deep policy divergences set in and are openly debated, say MPsGet our breaking news email, free app or daily news podcastSenior Liberals warn the Nationals’ decision to quit the Coalition could damage the Liberal party for years to come, while...

20/05/2025 15:00 The Guardian

Zelenskyy says Russia ‘trying to buy time to continue war’ – as it happened

Ukrainian president posts on social media after Putin refuses to agree to a ceasefire in phone call with Trump. This live blog is closedThe European Union has adopted new sanctions against Russia over the war in Ukraine, focusing on Moscow’s “shadow fleet” of oil tankers, human rights violatio...

20/05/2025 14:47 The Guardian

Kash Patel scraps FBI unit monitoring surveillance rules compliance

Bureau’s office of internal auditing was set up to uncover misuses of Fisa surveillance during Trump’s first termUS politics live – latest updatesThe FBI director, Kash Patel, has scrapped a watchdog team set up to scrutinise a warrantless surveillance law he previously claimed was being abuse...

20/05/2025 14:35 The Guardian

Greggs sales pick up as its mac and cheese goes viral

Bakery helped by new products including iced tea and pizza boxes after raising prices earlier this yearBusiness live – latest updatesSales at Greggs have picked up after the UK’s biggest bakery chain branched out into iced drinks, pizza boxes and a macaroni cheese that has gone viral on social m...

20/05/2025 13:36 The Guardian

Three men on trial in Germany accused of Russian sabotage plot

German-Russian dual citizens allegedly spied for Kremlin and planned bomb attacks on buildings and infrastructureWar in Ukraine – live updatesThree German-Russian dual citizens have gone on trial in Munich accused of spying on behalf of the Kremlin and planning attacks on critical military infrast...

20/05/2025 12:20 The Guardian

Sydney commuters warned of ‘knock-on effects’ after high-voltage wire falls on train causing major delays

Passengers freed from train entangled in wiring at Strathfield as incident causes significant delays to T1, T2, T3 and T8 linesAustralia news live: latest politics updatesGet our breaking news email, free app or daily news podcastSydney commuters have been warned there could be “knock-on effects...

20/05/2025 11:14 The Guardian

Second person charged over fires at Keir Starmer-linked properties

Man, 26, was arrested at Luton airport on suspicion of conspiracy to commit arson with intent to endanger lifeA second person who has been charged over fires at two properties and a car linked to Keir Starmer has been denied bail.Stanislav Carpiuc, 26, a Romanian national who was born in Ukraine, is...

20/05/2025 11:12 The Guardian

Qatar defends offer of plane gift to Trump as ‘a normal thing between allies’ – US politics live

PM Sheikh Mohammed bin Abdulrahman Al Thani dismisses concerns country is trying to buy influence as Schumer introduces bill to block such a moveJP Morgan’s chief executive, Jamie Dimon, warned on Monday that investors were being too complacent as markets shook off news that the US has lost its la...

20/05/2025 10:56 The Guardian

UK and Europe target Russia with major sanctions after Putin-Trump call

Sanctions are aimed at entities supporting Russia’s military machine after call failed to deliver meaningful concessionsWar in Ukraine – live updatesThe UK and Europe have announced major sanctions against Russia as it became clear that Monday’s call between Donald Trump and Vladimir Putin had...

20/05/2025 10:50 The Guardian

Nationals split from Coalition as Sussan Ley says Liberal party’s door ‘remains open’

Liberal sources say National party gave Ley less than an hour’s warning of their decisionAustralia news live: latest politics updatesFull federal election results: live Australian Senate seat countSee our full coverage of the Australian electionGet our breaking news email, free app or daily news p...

20/05/2025 10:14 The Guardian

First Thing: UN says 14,000 babies could die in Gaza in next 48 hours under Israeli aid blockade

UK, France and Canada warn Israel of action if ‘egregious’ conduct in Gaza continues. Plus, Trump and Putin discuss UkraineGood morning.The UN’s humanitarian chief, Tom Fletcher, told the BBC this morning that 14,000 babies could die in Gaza in 48 hours if aid did not reach them in time. Five...

20/05/2025 10:02 The Guardian

Researchers puzzled as baby whales spotted in unexpected places along Australia’s ‘humpback highway’

Newborns seen in colder waters as far south as Tasmania, indicating breeding and migration more complex than thoughtSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereBaby humpback whales are turning up in unexpected places.In Australia, humpback mums were assum...

20/05/2025 08:34 The Guardian

UK not rejoining the EU with new deal, says minister – UK politics live

Industry minister Sarah Jones says economic benefits will outweigh costs amid Tory attacksRachel Reeves said the UK government is closing in on a trade pact with six Gulf nations, including Qatar and Saudi Arabia, as its next major deal.The chancellor told the BBC the agreement would be the governme...

20/05/2025 07:49 The Guardian

Uneasy India-Pakistan ceasefire holds but is a return to war inevitable?

Trump’s interventions have infuriated India, which has emerged from conflict not as triumphant as it had hopedAgainst the odds, the ceasefire that followed India and Pakistan’s almost-war has held; fragile, uneasy but still unbroken. Yet in the aftermath of four days of cross-border drones and m...

20/05/2025 07:30 The Guardian

NSW flash flooding and weather warnings: intense rain leads to evacuation orders, school closures and rescues

Mid-north coast and Hunter region cops barrage of extreme weather, with more than 68 schools closedAustralia news live: latest politics updatesGet our breaking news email, free app or daily news podcastPersistent and heavy rain has caused significant flooding on the mid-north coast of New South Wale...

20/05/2025 06:29 The Guardian

Tuesday briefing: What Israel’s new aid response of ‘basic food’ will – and won’t – deliver

In today’s newsletter: A humanitarian worker outlines the situation on the ground following an 11-week blockade – and whether the country’s announcement will make a differenceGood morning.As Israel intensifies its assault on Gaza, bombarding the already besieged strip with relentless airstrike...

20/05/2025 05:41 The Guardian

Australia news live: RBA cuts cash rate to 3.85%; Chalmers warns nation not immune to ‘dark shadow’ hanging over global economy

Reserve Bank cuts official interest rate by 25 basis points. Follow today’s news liveReserve Bank cuts official cash rate to 3.85%Nationals leaving Coalition as David Littleproud announces split with Liberal party after election defeatGet our breaking news email, free app or daily news podcastLibe...

20/05/2025 05:34 The Guardian

The latest twist in a Canadian medical mystery – podcast

In March 2021, the Toronto-based reporter Leyland Cecco heard about a memo sent by New Brunswick health officials that warned about a possible unknown neurological syndrome thought to be affecting about 40 people. Since then the story has taken many twists and turns, most recently with a peer-review...

20/05/2025 04:00 The Guardian

Canva billionaire Cameron Adams and wife Lisa Miller join Bill Gates pledge to give away wealth

Couple promise to dedicate majority of their money to tackling environmental issues via The Giving PledgeAustralia news live: latest politics updatesGet our breaking news email, free app or daily news podcastCanva co-founder Cameron Adams and his wife, Lisa Miller, have joined a pledge taken by the...

20/05/2025 01:41 The Guardian

At least 50 Venezuelans sent to El Salvador prison entered US legally, report finds – as it happened

This blog has now closed. You can read more of our US politics coverage hereFull report: at least 50 migrants sent to El Salvador prison entered US legally, report findsJD Vance extended an invitation to Pope Leo XIV to visit the United States during a meeting at the Vatican on Monday ahead of a flu...

20/05/2025 01:40 The Guardian

At least 50 migrants sent to El Salvador prison entered US legally, report finds

Cato analysis goes against Trump administration’s claim that only undocumented people were deported to CecotUS politics live – latest updatesAt least 50 Venezuelan men sent by the Trump administration to a prison in El Salvador had entered the United States legally, according to a review by the...

19/05/2025 23:12 The Guardian

Bees face new threats from wars, street lights and microplastics, scientists warn

University of Reading report says conflicts including war in Ukraine among 12 most pressing threats to pollinatorWar zones, microplastics and street lights are among the emerging threats to the bee population, according to scientists.Bee experts have drawn up a list of the 12 most pressing threats t...

19/05/2025 23:01 The Guardian

Trump and Putin hold phone call but Kremlin refuses Ukraine ceasefire

Trump describes call as ‘excellent,’ despite Putin’s lack of support for ceasefire that US said was primary objectiveVladimir Putin and Donald Trump have held a rare phone call, which the US leader described as “excellent”, but the Kremlin refused to agree to a ceasefire in the war with Uk...

19/05/2025 22:33 The Guardian

JP Morgan chief warns of ‘complacency’ as markets look past credit downgrade

Jamie Dimon says possibility of stagflation far higher than investors realize as markets shake off Moody’s triple-A cutJP Morgan’s chief executive, Jamie Dimon, warned on Monday that investors were being too complacent as markets shook off news that the US has lost its last triple-A credit ratin...

19/05/2025 20:38 The Guardian

UK, France and Canada threaten action if Israel’s offensive continues as first aid crosses into Gaza in weeks – Israel-Gaza war live

Joint statement warns of ‘concrete action’ over Israel’s latest Gaza offensive; nine trucks allowed through but UN aid chief, Tom Fletcher, says significantly more are neededIn a post on X, the IDF’s Arabic spokesperson Avichay Adraee has told residents living in southern Gaza’s Khan Youni...

19/05/2025 19:08 The Guardian

Netanyahu vows to ‘take control’ of Gaza as UK, France and Canada threaten action against Israel

Key allies call escalation ‘egregious’ and promise ‘concrete’ response if Israel does not end renewed offensive and allow aid into stripBenjamin Netanyahu has vowed that Israel will “take control” of all of Gaza, as three key allies attacked his “egregious” escalation of the military...

19/05/2025 19:08 The Guardian

Microsoft employee interrupts CEO’s keynote with pro-Palestinian protest

Protester is engineer who worked on Azure software, which enabled Israeli surveillance of PalestiniansA Microsoft employee disrupted a keynote speech by the company’s chief executive with a pro-Palestinian protest at the company’s annual developer conference on Monday.Joe Lopez, a Microsoft firm...

19/05/2025 18:27 The Guardian

BREAKING NEWS

20/05 17:44 - Ukrainians Brace for a Longer War as Trump Backs Off Cease-Fire Call 20/05 17:31 - Israel says ‘external pressure will not divert’ it after UK pauses trade talks – Israel-Gaza war live 20/05 16:58 - Trump backs off ceasefire after call with Putin, letting fighting rage on 20/05 16:40 - Aging, stealthy, suspected of sabotage: What to know about Russia’s ‘shadow fleet’ 20/05 16:25 - U.K. halts trade talks with Israel over Gaza war, settler violence 20/05 16:20 - Rubio faces off with Democrats opposed to Trump’s foreign policy moves 20/05 16:18 - Israel’s Allies Denounce Its Expanding Gaza Offensive 20/05 16:04 - Girl, 11, who drowned at water park was unlawfully killed, coroner finds 20/05 15:50 - Ukraine launches probe into French-trained brigade hit by scandal 20/05 15:49 - 'We need diplomacy now: Europeans don't have to wait on US to engage directly with Russians' 20/05 15:46 - Romania's allies relieved by the victory of the pro-European party 20/05 15:35 - Trump-Putin Call Notches Diplomatic Win for Russia, but Economic Goals Remain in Limbo 20/05 15:27 - Senators question Paramount over efforts to settle Trump lawsuit 20/05 15:22 - Ukraine-born model suspected in arson attack on British PM’s home – media 20/05 15:19 - Three dead as thunderstorms hit southeastern France 20/05 15:12 - Ukraine's allies hit Russia with new sanctions 20/05 15:00 - Senior Liberals fear Coalition split may damage party for years but others see silver lining 20/05 14:52 - UK government suspends free trade talks with Israel over Gaza war 20/05 14:52 - UK government suspends free trade talks with Israel over Gaza war 20/05 14:47 - Zelenskyy says Russia ‘trying to buy time to continue war’ – as it happened 20/05 14:42 - Amnesty International vows to keep up Russia right work despite ban 20/05 14:35 - Kash Patel scraps FBI unit monitoring surveillance rules compliance 20/05 14:19 - Trump’s Trade War and GOP Budget Bill Fuel Investor Anxiety 20/05 13:57 - EU and UK pile pressure on Russia with parallel sanctions 20/05 13:57 - EU and UK pile pressure on Russia with parallel sanctions 20/05 13:43 - EU Plans New Sanctions on Russia in Push for Ukraine Cease-fire 20/05 13:41 - Germany reports 40% jump in politically motivated crime 20/05 13:38 - Trump fails to secure Ukraine ceasefire after Putin call: What’s next? 20/05 13:38 - Trump fails to secure Ukraine ceasefire after Putin call: What’s next? 20/05 13:36 - Greggs sales pick up as its mac and cheese goes viral 20/05 13:32 - EU and UK slap new sanctions on Russian ‘shadow fleet’ illicitly transporting oil 20/05 13:29 - NATO chief comments on Putin-Trump phone call 20/05 13:12 - F.B.I. Closes Unit That Policed Compliance With Surveillance Rules 20/05 13:00 - Why isn’t the world paying attention to Sudan? 20/05 13:00 - Why isn’t the world paying attention to Sudan? 20/05 12:54 - EU and UK impose more sanctions on Russia despite US concerns 20/05 12:51 - Zelensky accuses Russia of 'buying time' to stall truce talks 20/05 12:40 - '19 months into a genocide: The intent from the Israeli side is to ethnically cleanse Palestinians' 20/05 12:23 - Trump Backs Down on Russia, and Representative McIver Charged After ICE Clash 20/05 12:20 - Three men on trial in Germany accused of Russian sabotage plot 20/05 12:20 - G7 Officials Gather Amid Headwinds From Trump’s Trade War 20/05 12:13 - Iran's Khamenei doubts US nuclear talks will lead to agreement 20/05 11:33 - Fresh UK and EU sanctions on Russia announced - as Putin procrastinates on ceasefire talks 20/05 11:30 - Spain: Flood survivors demand justice and reparations, six months on 20/05 11:20 - Trump Backs Down on Russia, and Representative McIver Arrested After ICE Clash 20/05 11:14 - Sydney commuters warned of ‘knock-on effects’ after high-voltage wire falls on train causing major delays 20/05 11:12 - Second person charged over fires at Keir Starmer-linked properties 20/05 10:59 - RBA interest rates: Reserve Bank of Australia cuts cash rate to 3.85% amid lowering inflation 20/05 10:56 - Qatar defends offer of plane gift to Trump as ‘a normal thing between allies’ – US politics live 20/05 10:50 - UK and Europe target Russia with major sanctions after Putin-Trump call 20/05 10:34 - EU quietly complains Ukraine is ‘all on us now’ – FT 20/05 10:16 - Israel should “negotiate with the Palestinians” to stop war on Gaza 20/05 10:16 - Israel should “negotiate with the Palestinians” to stop war on Gaza 20/05 10:14 - Nationals split from Coalition as Sussan Ley says Liberal party’s door ‘remains open’ 20/05 10:13 - Europe considers the perils of flying fighters in Ukraine’s airspace 20/05 10:13 - Europe considers the perils of flying fighters in Ukraine’s airspace 20/05 10:03 - EU leaders to pressure Russia with more sanctions 20/05 10:02 - First Thing: UN says 14,000 babies could die in Gaza in next 48 hours under Israeli aid blockade 20/05 09:57 - Trump opposed to new Russia sanctions 20/05 09:45 - Titan of Russian ballet Yuri Grigorovich dies at 98 20/05 09:21 - Coastlines in danger even if climate target met, scientists warn 20/05 09:19 - Choose France Summit: Indonesia eyes new markets and strategy to navigate Trump's trade war 20/05 09:18 - Putin says Russia is ready to work to end fighting in Ukraine after call with Trump 20/05 09:09 - Watch: Gazan babies will die without aid, UN humanitarian chief warns 20/05 08:34 - Researchers puzzled as baby whales spotted in unexpected places along Australia’s ‘humpback highway’ 20/05 08:01 - Germany promises new EU sanctions after Putin-Trump call 20/05 07:49 - UK not rejoining the EU with new deal, says minister – UK politics live 20/05 07:30 - Uneasy India-Pakistan ceasefire holds but is a return to war inevitable? 20/05 07:29 - China’s Fighter Jets and Missiles Get a Boost From the India-Pakistan Clash 20/05 07:18 - Israel Recovers Troves of Documents Belonging to Its Most Famous Spy 20/05 06:29 - NSW flash flooding and weather warnings: intense rain leads to evacuation orders, school closures and rescues 20/05 05:41 - Tuesday briefing: What Israel’s new aid response of ‘basic food’ will – and won’t – deliver 20/05 05:34 - Australia news live: RBA cuts cash rate to 3.85%; Chalmers warns nation not immune to ‘dark shadow’ hanging over global economy 20/05 05:31 - Taiwan president calls for 'peace' with China but says island must prepare for war 20/05 05:06 - Russia-Ukraine war: List of key events, day 1,181 20/05 05:06 - Russia-Ukraine war: List of key events, day 1,181 20/05 05:00 - How the Ukraine War Ends Matters for America 20/05 04:54 - How conflict with India helped boost the Pakistan military’s domestic image 20/05 04:54 - How conflict with India helped boost the Pakistan military’s domestic image 20/05 04:01 - Dermatologists Share The Top 8 Things To Get Rid Of Your Warts At Home 20/05 04:00 - The latest twist in a Canadian medical mystery – podcast 20/05 03:42 - Is Trump walking away from peace in Ukraine? 20/05 03:16 - News24 | Putin agrees with Trump to work with Ukraine on memorandum on possible peace accord 20/05 03:01 - News24 | Pope Leo XIV warns against exploitation at inaugural mass 20/05 01:41 - Canva billionaire Cameron Adams and wife Lisa Miller join Bill Gates pledge to give away wealth 20/05 01:40 - At least 50 Venezuelans sent to El Salvador prison entered US legally, report finds – as it happened 20/05 00:52 - Russia and Ukraine to 'immediately' start ceasefire talks, says Trump 20/05 00:33 - Trump Backs Off His Demand That Russia Declare a Cease-Fire in Ukraine 19/05 23:55 - US should never have intervened in Ukraine – Trump 19/05 23:12 - At least 50 migrants sent to El Salvador prison entered US legally, report finds 19/05 23:10 - Trump Spoke to Putin for Two Hours 19/05 23:01 - Bees face new threats from wars, street lights and microplastics, scientists warn 19/05 22:44 - Trump's call with Putin exposes shifting ground on Ukraine peace talks 19/05 22:33 - Trump and Putin hold phone call but Kremlin refuses Ukraine ceasefire 19/05 22:02 - Trump Berates Walmart and Mattel for Warning About Tariff Price Increases 19/05 21:29 - Trump, Putin talk as Ukraine and Europe push for immediate ceasefire 19/05 21:27 - Trump struggles to push Putin on truce talks due to 'friendship', expert says 19/05 21:11 - Choose France summit: Indonesia looks to expand trade and navigate Trump-era trade tensions 19/05 20:38 - JP Morgan chief warns of ‘complacency’ as markets look past credit downgrade 19/05 20:23 - Trump tries to jump start peace talks with calls to Zelenskyy, Putin