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Australia News Live: Chalmers and Gallagher to Present Final Budget Outcome; RBA Interest Rate Hike Looms
The final budget figures are expected to show the underlying deficit is about $6 billion lower than forecast, as the RBA prepares another rate rise.
Summary by ABC Australia
Podcasts & Opinions
6 Articles
6 Articles
A rate rise tomorrow is all but locked in. How many more might there be?
The Reserve Bank is meeting tomorrow for the sixth time this year, and both financial markets and economists think it is almost certain that it will raise interest rates for the fourth time.
+3 Reposted by 3 other sources
Chalmers to announce $6b budget boost as interest rates set to hit 15-year-high
The Reserve Bank is widely expected to make its fourth hike of the year on Tuesday, raising the cash rate to 4.6 per cent to address sticky inflation.
Coverage Details
Total News Sources6
Leaning Left4Leaning Right0Center2Last Updated67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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