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Greens Urge Jim Chalmers to Overrule RBA Rate Decision
The Greens are urging Treasurer Jim Chalmers to use legal powers to overrule the Reserve Bank if interest rates rise again.
Australia Won’t Run Out of Fuel Despite Iran War, Chalmers Says
Treasurer Jim Chalmers says Australia has large fuel reserves and shortages are unlikely, though global oil prices remain volatile due to the Iran conflict.
Residents Evacuated as Floodwaters Swallow NT Community
Northern Territory authorities say every building in Daly River is underwater after record flooding forced residents to evacuate to Darwin.
Danish Royals Visit Uluru to Launch Six-Day Australia Trip
Denmark’s King Frederik X and Queen Mary have begun a six-day state visit to Australia, starting in Uluru before travelling to Canberra, Melbourne and Hobart.
NSW Targets Real Estate Underquoting With $110,000 Fines
New South Wales plans tough new laws requiring price guides on property listings and fines up to $110,000 for underquoting or dummy bidding.
Matt Canavan Blames Labor for Australia’s Rising Inflation
Nationals leader Matt Canavan says government spending has worsened inflation in Australia as Treasury forecasts warn prices could reach 4.5%.
How the Strait of Hormuz Crisis Is Hitting Australia
The conflict disrupting oil shipments through the Strait of Hormuz is affecting fuel prices, imports and consumer behaviour across Australia.