Reason Behind Latest Interest Rate Hike 07/06/2023

The Fair Work Commission’s big increase to wages forced Philip Lowe to hike interest rates for a 12th time in 13 months, experts and employer groups say.

The Fair Work Commission’s big increase to wages forced Philip Lowe to hike interest rates for a 12th time in 13 months, experts and employer groups say.

More than 55 cars are being stolen from hard-working Queenslanders every day as the worst spots for car theft can be revealed, with some suburbs recording more than two a day.

Families could fork out nearly $15 for a dozen eggs after a bill to ban caged hens in one year was introduced to the NSW parliament last week.


Melburnians have been warned to watch for potential flooding over the next couple of days.


About $100m will be included in next week’s state budget to upgrade and repair infrastructure at 66 schools and preschools across South Australia.

The Fair Work Commission’s big increase to wages forced Philip Lowe to hike interest rates for a 12th time in 13 months, experts and employer groups say.
More than 55 cars are being stolen from hard-working Queenslanders every day as the worst spots for car theft can be revealed, with some suburbs recording more than two a day.
Families could fork out nearly $15 for a dozen eggs after a bill to ban caged hens in one year was introduced to the NSW parliament last week. 
Melburnians have been warned to watch for potential flooding over the next couple of days. 
About $100m will be included in next week’s state budget to upgrade and repair infrastructure at 66 schools and preschools across South Australia.

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