Australia’s central bank and banknote issuer since 1960
Palestinian families in Silwan face eviction as the High Court of Justice has issued multiple rulings supporting a right-wing Jewish group’s ownership claims to land where Arab families have lived for decades. Evictions have already displaced dozens, with more anticipated in coming weeks.
Today, inflation has remained elevated with the latest data showing core inflation near multi-year highs while energy prices stay elevated amid geopolitical tensions. Markets react as Treasuries rise on expectations the Fed will keep policy tight, and investors reassess growth prospects.
New data show the UK economy has cooled after a stronger start to 2026, with April GDP expected to slip as higher fuel costs damp demand. Retail sales have fallen, and experts warn the energy shock from the Iran conflict is weighing on households and firms. Analysts expect a continued slowdown into Q2.
Pauline Hanson has declared Australia cannot be multicultural and must be monocultural, warning migration is driving up housing costs and eroding national identity. Her National Press Club address has intensified debate over immigration, with supporters praising a tough stance and opponents warning of risks to social cohesion.
Public and parliamentary pressure in Egypt calls for lower fuel, gas, and electricity prices as the government balances subsidies with IMF conditions. Lawmakers question price reforms while experts warn that global trends and regional tensions continue to influence domestic costs.
A series of proposals around council tax, stamp duty and land value tax are attracting attention as policymakers consider how to reform property taxation. The debate spans mansion taxes in Scotland, and broader reforms that could affect ownership costs and mobility.
The Reserve Bank of Australia has kept the cash rate unchanged amid easing inflation, with policymakers signaling vigilance on risks to inflation. Analysts expect further moves only if price pressures re-accelerate; housing market dynamics and superannuation could shape future policy.