Rate cuts still on agenda; high profile Libs demoted; North West Shelf gas gets green light
Thursday 29 May 2025
Inflation remains in the Reserve Bank’s target band, opening the way for another interest rate cut.
- The federal Coalition reforms, and the shadow ministry is announced, with some high profile Liberal MPs losing out.
- And Labor green lights the extension of Woodside’s North West Shelf gas project for another 45 years.
- Myer doubles down on its loyalty program.
- Elon Musk’s SpaceX program experiences a third crash in three attempts.
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