The Reserve Bank of Australia has left rates on hold, following its Board meeting over the past two days.
The cash rate remains at 4.35%. The rate was last changed in November 2023.
This is the statement issued by the Reserve Bank:
The terrorism incident in Sydney last night saw the government, Federal Police and ASIO speaking out today in an attempt to calm Australians already unsettled by the Bondi shopping centre murders on Saturday.
The Prime Minister, Anthony Albanese, has issued a statement on Iran’s attack on Israel.
The statement was supported by the Acting Foreign Minister, Senator Katy Gallagher.
A knife attack at the Bondi Junction Westfield shopping centre in Sydney has resulted in the deaths of seven people, including the killer.
The dead include four women and one male who died at the shopping centre. The mother of a nine-month old baby subsequently died in hospital. The baby was also stabbed in the attack.
This page shows the heads of government and opposition leaders in Australia from April 10, 2024.
There are nine parliaments in Australia. There is one Federal Parliament in Canberra, six State Parliaments (New South Wales, Victoria, Queensland, South Australia, Western Australia & Tasmania) and two Territory Parliaments (Northern Territory & Australian Capital Territory).
Samantha Mostyn, a lawyer,business-woman and gender equality campaigner, has been appointed the 28th Governor-General of Australia.
The appointment was announced this morning by the Prime Minister, Anthony Albanese. The vice-regal appointment is made by King Charles III on the advice of the prime minister.
Mostyn will take up the 5-year appointment on July 1, 2024.
Watch the Albanese-Mostyn press conference (26m):
This is Senator Dave Sharma’s maiden speech to the Senate.
Sharma, a Liberal, assumed his NSW Senate position on November 30, 2023. He filled a casual vacancy created by the departure of Senator Marise Payne. At her retirement, Payne was the longest-serving female senator, having held her seat for 26 years, 5 months and 21 days since 1997.
The Reserve Bank has left the cash rate unchanged at 4.35%, in a decision announced today.
The cash rate has now been held at 4.35% for the past four months.
In a statement released today, the RBA board says that inflation has moderated but is still high. It says the “outlook is highly uncertain”.
Scott Morrison, the former Prime Minister (2018-22), has delivered his valedictory speech to the House of Representatives.
Morrison will resign as the Liberal member for Cook later this week.
The Defence Minister, Richard Marles, has announced an upgrade and expansion of the Australian Navy to give it an “enhanced lethality surface combatant fleet”.
Flanked by the Pat Conroy, the Minister for Defence Industry, Marles announced an additional $11 billion over the next decade. The money will be used to expand the Navy’s fleet of warships to 26 vessels, an increase of 15 craft.