News

The Reserve Bank of Australia faces a crucial interest rate decision on April 1st, amidst significant uncertainty surrounding the economic outlook and the impact of US economic policy. The decision will be further complicated by the release of first-quarter ABS inflation data on April 30th, leaving the RBA to navigate a complex economic landscape.

Australia's budget bottom line is not expected to improve significantly next week, with the treasurer warning of a potential multi-billion dollar hit to the economy by 2030 due to a global trade war. While the direct impact of tariffs imposed by the US is estimated to be manageable, the indirect consequences and the broader global picture of trade tensions pose a significant threat to economic growth.

The Reserve Bank of Australia has announced a new design for the $5 note, celebrating the deep connection Indigenous people have to the land, waters, and sky. This historic change replaces the image of the monarch and marks a significant step towards a more inclusive and representative national currency.

Western Australian Premier Roger Cook has unveiled a major cabinet reshuffle, introducing a "more team-like approach" to key areas like health and climate change, while also hinting at further organizational changes in the coming weeks. This bold move aims to reinvigorate the government and tackle the state's most pressing challenges.

Neha Kumar, a 37-year-old former scientist, highlights the cultural barriers preventing South Asian women from accessing cancer screening, despite losing her mother to the disease. This story emphasizes the need for culturally sensitive communication and awareness campaigns to address stigma and improve health outcomes in diverse communities.