The head of Australia‘s central bank said policy was in the “calibration stage” as the worst was over for inflation, though some further policy tightening might be needed depending on incoming data and evolving risks. | Reuters
back to target and a stronger labour market than we had before the pandemic,” said Lowe.
The RBA’s aggressive rate hikes have pushed up the cash rate to a decade-high of 4.1%, though it did pause in July and August to assess whetherFinancial markets and analysts are split on whether there might be one more rate rise later this year..down to target in 2024.Subscribe to our daily newsletter
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Australia’s Sydney Opera House won’t light up for coronation to save costsA decision not to light up the sails of the Sydney Opera House to mark the coronation of King Charles was a cost saving measure, a spokesperson for the state government of New South Wales said on Saturday. | Reuters
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LOOK: David Licauco flies to Australia for family vacationDavid Licauco is enjoying a much-deserved vacation in Sydney, Australia with his family.
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David Licauco enjoys Sydney, Australia with familyPambansang Ginoo David Licauco went straight to Sydney, Australia to enjoy the Land Down Under after going to Korea with Kapuso Primetime Princess Barbie Forteza. For a few days, David was in Korea for his and Barbie's upcoming movie titled 'That Kind of Love.' After shooting for the movie, he flew to Sydney with parents Jac and Eden, and siblings James, Jean, and Eden. David's sister Elan and her husband Kay Kim also went to Sydney for a complete family vacation. In the Land Down Under, David and his family visited Sydney Harbor, with the picturesque Sydney Opera House in
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Shooting injures 2 men in Australia's SydneySYDNEY, Australia -- Police in the Australian state of New South Wales (NSW) said on Friday that two men were injured following a public place shooting in Sydney's inner west.
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Sydney Opera House in row over coronation snubSYDNEY: A royal row has erupted in Australia over a decision to scrap the lighting-up of the Sydney Opera House in honor of King Charles III's coronation.The sails of the architectural masterpiece on Sydney Harbor are illuminated in colors for important occasions ranging from WorldPride to the Ukraine invasion anniversary and the death of Queen Elizabeth II.But for Saturday's coronation, the soaring curves of the emblematic 50-year-old building were left dark.New South Wales state premier Chris Minns said he had canceled his predecessors' plans to light up the building for Charles, who is Australia's head of state.'I would like to keep it for Australia and Australians and moments of sacrifice and heroism for the country, or when there's an important international event in Sydney,' Minns told a radio interviewer on Monday.The premier said the building's sails had been illuminated 70 times last year — compared with 23 times a decade earlier — at an estimated cost of Aus$80,000-100,000 (US$54,000-67,000) for each occasion.People had many places to mark the coronation including on television, he told Sydney's 2GB radio.'The event was not taking place in Sydney, it was taking place in London,' Minns said.'Of course, I respect the new king but I am mindful of where and when we spend taxpayer money.'Minns became premier on March 25 after his Labor Party won the state elections.
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