Low inflation opens way for rate cut; Ley concedes Libs were smashed; Xero $4b bid

Thursday 26 June 2025

inflation figures hit a four year low, opening the way for an interest rate cut next month. 

• New Liberal Party leader Sussan Ley concedes her party was smashed at the last election. 
• Accounting software group Xero spends nearly $4 billion on a Silicon Valley start up. 
• Confusion over how much damage the US did to Iran’s nuclear preparations
• The incredible wedding of Amazon founder Jeff Bezos.

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