RBA Holds Rates Steady, Warns Possible Hike

The Reserve Bank of Australia kept the cash rate at 4.35%, pausing after three hikes this year. Inflation remains above target, and the RBA warns further increases are possible if price pressures persist.

RBA Holds Cash Rate at 4.35%

The Reserve Bank of Australia has kept the cash rate on hold at 4.35%, citing mixed economic signals and a cautious approach to inflation management.

RBA Holds Rate at 4.35% as Economy Slows

The Reserve Bank of Australia left the cash rate at 4.35% after economic activity slowed and unemployment hit a four-year high, bringing little relief to mortgage holders.

Lincraft Closes All Stores, Goes Online Only

Beloved craft retailer Lincraft is closing all physical stores in Australia and New Zealand after 80 years, affecting 300 staff, as it shifts to an online-only business model.

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