EconomyMinns warns expected RBA rate rise could leave shops closed for good

New South Wales Premier Chris Minns says an expected Reserve Bank of Australia rate increase could cost jobs and force businesses to shut, urging federal and state governments to curb spending. The RBA announces its cash-rate decision on Tuesday, with one Labor MP saying voter anger over the economy is already high.

Australia economyinterest ratesReserve Bank of AustraliaNew South Wales

TThe Guardian★★★☆☆2026-11-02 05:48Original