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AAP

Politics

Poppy Johnston and Tess Ikonomou

Consumer confidence plummets as cash rate lifts

Interest Rates Philip Lowe Stephen Jones Reserve Bank Economy RBA

Assistant Treasurer Stephen Jones says RBA governor Philip Lowe has a "very tough job". (Dean Lewins/AAP PHOTOS) (AAP)

Consumer confidence has sunk to its lowest level since the early days of the pandemic after the latest interest rate hike.

The weekly index assembled by ANZ and Roy Morgan plummeted 5.5 points last week to 78.1, its lowest level since early April 2020.

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Top stories on inkl right now

‘Unsafe’ conditions at Texas ICE facility put immigrants at risk of injury or death, lawsuit says

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The Guardian - US

Video shows moment Utah police dog seriously injured in leap from overpass

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Deadly Brain-Eating Amoeba Case Prompts Restrictions at Six Artificial Lakes in Mexico's Mérida

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Hall of Famers v bunch of gamers: the Dodgers’ exit proves money can’t buy everything

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Ethiopia announces interim government in Tigray, aims for polls in six months

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Top stories on inkl right now

‘Unsafe’ conditions at Texas ICE facility put immigrants at risk of injury or death, lawsuit says

Court filing alleges ‘physical abuse by guards’, ‘filthy living conditions’ and disease outbreaks at Camp East Montana

The Guardian - US

Video shows moment Utah police dog seriously injured in leap from overpass

Bomb-sniffing dog Bruno is recovering after surgery having broken several bones while responding to suspect package

The Guardian - US

Deadly Brain-Eating Amoeba Case Prompts Restrictions at Six Artificial Lakes in Mexico's Mérida

Health authorities in Mérida have restricted contact with water at six artificial lakes after detecting Naegleria amoebae and linking one lake to a fatal infection

International Business Times UK

The White House Limited Ukraine's Access to a Critical Wartime Satellite System: Report

Ukrainian officials slammed the decision to limit their access to Starshield. SpaceX CEO Elon Musk said the decision could only come from the Pentagon or the White House.

International Business Times

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Hall of Famers v bunch of gamers: the Dodgers’ exit proves money can’t buy everything

The Brewers turned LA’s stars into ghosts during their four-game NLCS sweep, destroying the ‘team that destroyed baseball’ and revealing the sport’s hard truth

The Guardian - US

Ethiopia announces interim government in Tigray, aims for polls in six months

France 24

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Green stars existed only in comics. Now astronomers have found the first real one and the reddest star ever recorded

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The Economic Times

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