Australia news live: Gallagher says final budget outcome will shave $6bn off deficit; RBA interest rate hike looms (theguardian.com)

Follow the day’s news live Get our breaking news email , free app or daily news podcast RBA expected to hike cash rate to 4.6%, its highest level since 2011 Australia’s key interest rate is expected to hit its highest level since 2011, drag down house prices and add more than $100 to typical monthly mortgage repayments. Continue reading...