Quarterly CPI up to 3.8% ann. as many had tipped. Monthly growing at same pace, but trending down. Is inflation temporarily jammed at this level, or is it settling in? Important question for the RBA.
NAB becomes the first of the Big Four to pass on yesterday's rate hike to customers:
Following the Reserve Bank of Australia’s decision to increase the official cash rate, NAB’s standard variable home loan interest rate will increase by 0.25% p.a., effective from 17 November 2023
Public accounts committee pulls few punches in scathing assessment of Home Affairs over procurement failings, particularly $2.6bn maritime surveillance contract. https://t.co/3VzoLDmDn2
Govt procurement can be a topic as dry as the Gobi desert, but with $80bn+ a yr up for grabs it warrants close scrutiny. @JulianHillMP 's committee finds lots to be concerned about.
https://t.co/a3CoB6Tdei
A lil scoop today about the mystery around Kathryn Campbell's role in Defence. She was suspended without pay 3 days after the robodebt report was handed down. Questions still remain but some clarity for now, via @canberratimes#auspol
https://t.co/r3vNB4LboR