BREAKING: RBA keeps interest rates steady.
This is a welcome reprieve for many Australians with a mortgage.
At a time when conflict in the Middle East is adding to inflation and interest rates are rising in parts of the world, this is an encouraging outcome.
We recognise people are under considerable cost of living pressure and we're taking action, including cutting taxes five times in three ways, delivering cheaper medicines, more bulk billed doctor visits and the temporary cut to fuel excise.