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Australia news live: Bullock warns more hikes possible after RBA holds cash rate at 4.35%; PM faces Coalition questions on ‘classless’ melon comment

politics

The Guardian reports Australia's Reserve Bank held its cash rate at four point three five percent, with warnings that additional increases may still occur. Australian Prime Minister Anthony Albanese faced parliamentary questions over remarks he made regarding crown melons he received as a gift—opposition lawmakers condemned the comments as classless and diplomatically inappropriate, though Japan indicated it did not view them as made with ill intention. Separately, the government also addressed questions about gambling advertising and child-protection measures.

Source: https://www.theguardian.com/australia-news/live/2026/aug/...

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