RBA cuts interest rate
There is relief for Australians with a home loan today, as the Reserve Bank cuts the interest rate to its lowest level in more than two years.

There is relief for Australians with a home loan today, as the Reserve Bank cuts the interest rate to its lowest level in more than two years.
The Prime Minister Anthony Albanese says Australia will recognise Palestinian statehood at the UN next month.
Israel is defying global calls for a ceasefire in Gaza, with its security cabinet voting in favour of a full military occupation of Gaza City.
The US President Donald Trump has announced he is increasing the tariff on imports from India to 50 per cent, to punish the nation for buying Russian oil.
Tasmania's Liberal Leader Jeremy Rockliff has been reappointed Premier, but another no confidence motion will be brought against him when parliament resumes.
After a hotly contested bidding process, the Federal Government has chosen a Japanese company to build the next fleet of Australian Navy warships.
For the first time, the Australian Federal Police is to be led by a woman. The current deputy AFP commissioner Krissy Barrett is to replace Reece Kershaw who is retiring early.
The American President Donald Trump has again shaken up the global economy by ordering more changes to his tariff policies.
After Canada announced it will recognise a Palestinian state, the Foreign Minister Penny Wong has reiterated that Australia will do the same but has refused to say when.
In a joint statement with 14 other countries, the Federal Government has again called for a two state solution to the Israel-Palestine conflict.
As global concern about famine and killings in Gaza grows, two Israeli human rights groups have accused the Netanyahu government of genocide in the enclave.
An ABC Four Corners investigation has revealed a massive fraud that saw the Australian Tax Office pay out $2 billion to individuals using a loophole to falsely claim GST refunds.
As the United States continues to scrutinise the AUKUS deal, Australia and the United Kingdom have agreed to deepen their nuclear submarine partnership under that deal.
The country's biggest private operator of psychology clinics is set to shut nearly all of them, and mental health experts are worried about the consequences.
Federal Labor has wasted no time introducing legislation to the new Parliament to reduce student debt and clamp down on dodgy childcare operators.
Politicians turned up in Canberra today for the start of Parliament's first sitting week since the federal election.
After Saturday's state election in Tasmania, neither major party has secured a majority of seats in the Parliament.
Lachlan Young, the man accused of murdering 23-year-old Clunes woman Hannah McGuire, has entered a plea of guilty, eight days into his trial.
Australia's unemployment rate has risen to 4.3 per cent. It's highest level since November 2021.
The Prime Minister Anthony Albanese has visited the Great Wall of China, just as another Labor PM, Gough Whitlam did in the 1970s.