So, the RBA just lifted the cash rate 25bp in a board decision that was unanimous.
The reversal from the rate cut just last August matches the span of the Bank’s about-face after the GFC in 2009. Then, the cash rate had been taken to “zero” amid a global crisis.
No crisis this time, just a series of unfortunate events – inflation accelerating because of too much government spending, shocking productivity and a failed experiment by the RBA to see how low the jobless rate can go without boosting inflation.
Well, now we know.
3TF: A promising youngster, a country talent and an honest mare make up @ray_hickson's horses to follow from last Saturday's @royalrandwick meeting. @tabcomau
SCG’s IWD Breakfast with fantastic women from @tabcomau. Inspiring panel discussion. 🗣And ran into the lovely Rina Hore too.🏏
#choosetochallenge 💖
#longmayweplay 💚 @ Sydney Cricket Ground https://t.co/mmxBG8W8RZ
Here's to every female jockey, trainer, strapper, presenter, stablehand, owner and more.
In an industry first we've been able to name every race on today's Randwick card after women in racing because every day women make racing stronger. #NotOneDay
👉https://t.co/5Be54ea4YJ
.@racing_qld CEO Brendan Parnell is gearing up for a big year of racing in the state. He talks about
his plans for 2021, racing under lights at the @GCTurfClub, @mmsnippets this weekend, & plenty more.
👂: https://t.co/3vfXibJSZZ
📸: Gold Coast Bulletin
On this day in 1998, Joanne Broadbent became the first Australian woman to make a Test double century!
She scored 200 in the first Ashes Test at Guildford 🙌
@abcgrandstand@AusWomenCricket Yes, massively disappointing! We have the best women’s cricket team in the world, but they have little opportunity to play the best form of the game! @CricketAus the fans want to see @AusWomenCricket compete in more tests.