Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation pred 2 urama in 19 minutami Bureau of Statistics says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hikeFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFears are growing that the Reserve Bank will hit millions of mortgage holders with a fourth rate hike this year, after inflation eased in July but by far less than expected.Consumer prices climbed by 3.5% through the year, down from 3.8% in the previous month, according to the Australian Bureau of Statistics. Continue reading...(The Guardian)
Britons face highest price cap in three years as energy bills rise 4% from October pred 2 urama in 59 minutami Households in Great Britain will pay equivalent of £1,723 a year, prompting calls for more supportNils Pratley: Labour’s energy bills crisis is getting worse. Political honesty is essentialBusiness live – latest updatesMillions of households in Great Britain will face the highest energy charges in three years this winter after months of soaring market prices caused the government’s price cap to rise for a second time in three months.Gas and electricity prices will rise by 4% from October under the new cap, months after climbing 13% at the start of July to take account of soaring global energy market prices caused by the war on Iran. Continue reading...(The Guardian)
Raygun opens up on her infamous Olympics breakdancing debut: ‘not as bad as I thought!’ pred 3 urami in 2 minutama Australia’s first Olympic breakdancer became a viral sensation after her performance at Paris 2024, where she failed to receive a single pointRachael “Raygun” Gunn says her performance at the 2024 Paris Olympics was “not as bad as I thought!” after the Sydney-based breaker revealed she had finally watched back the moment that catapulted her to international fame – and mockery.The Sydney academic turned speaker was Australia’s first Olympic breakdancer and became a viral sensation after her unconventional routine at Paris 2024, where she failed to receive a single point from the judges. Continue reading...(The Guardian)
