The Daily Aus Headlines: RBA keeps interest rates on hold at 4.1%
Apr 1, 2025
The Reserve Bank of Australia holds the cash rate at 4.1%, raising questions about inflation's future. Meanwhile, NSW Police have charged three individuals, including a teenager, after discovering homemade machine guns made with 3D printers. The UN calls for justice following the tragic deaths of first responders in Gaza. On a brighter note, Illinois authorities have returned 1,500 acres of land to an Indigenous tribe, marking a significant step in reconciliation efforts.
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RBA Holds Cash Rate
- The Reserve Bank of Australia held the cash rate steady at 4.1%.
- They cite decreased inflation but ongoing uncertainty, particularly regarding global impacts of US tariffs.
3D-Printed Guns Seized
- NSW Police arrested three individuals, including a teen, for possessing 3D-printed machine guns.
- Charges relate to organized crime and firearms manufacturing.
Gaza Strikes
- The UN demands justice after 15 first responders were killed by Israeli strikes in Gaza.
- Israel claims the group was advancing suspiciously without proper signals.