The Five Stories That Happened Today That You Need to Know

The Reserve Bank signals at least one more rate rise after shifting the official cash rate for the 10th time in succession to 3.6%. The announcement triggered a fall in the Aussie dollar, which suggests foreign exchange traders have downgraded rate rise expectations. BHP's chief executive Mike Henry made it clear that any tax reform in Australia must not disincentivise capital from coming into the country. South American nations are stepping up efforts to become players in the electric vehicle supply chain by leveraging their vast mineral wealth.