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The RBA lifted its cash rate target by 0.25 percentage points to 4.6% on September 29, the highest since late 2011. Consumer confidence then fell sharply, with the post-decision index reaching its lowest level since the late 1990s.
AllegedThe RBA was expected to make its fourth cash-rate increase in 2026.
Nathan Ballesty was sentenced to three years' imprisonment.
Brent crude fell to about US$98, its lowest level in weeks, while Australian petrol and diesel prices remained elevated. Experts said retail prices may fall if lower global prices persist, but not immediately.
Brent crude was priced at US$98 per barrel on the day of publication.
Australia's unemployment rate was 4.5 per cent.
The US government criticised Australia’s proposed digital duty of care bill and urged exemptions for US social media companies. Prime Minister Anthony Albanese defended the reforms, saying they would give users more control over what they receive online.
Andrew Bragg has floated options for using superannuation to support home ownership, including as mortgage collateral, an offset or a withdrawal to pay a mortgage or fund a first-home loan. Angus Taylor said no option has been adopted as Coalition policy.
The Coalition previously proposed allowing individuals to withdraw up to this amount for a first-home deposit.
Australia’s 2026 intergenerational report forecasts longer lives, falling fertility, slower population and economic growth, weaker housing affordability, longer working lives and rising health costs. It projects deaths will outnumber births from the 2060s, population growth will rely entirely on immigration, and the economy will more than double by the mid-2060s.
Australia’s population growth rate is forecast to average 0.9% a year over the next four decades.
Prime Minister Anthony Albanese launched Australia's campaign in New York for a two-year, non-permanent seat on the United Nations Security Council in 2029 and 2030. Australia also named Siobhan McKenna as its next consul general to New York.
Two non-permanent positions are available for the 2029-2030 term.