The big question facing the bank at the moment is how high to lift interest rates to reign in inflation and bring it back towards the RBA’s 2–3% target band.
Many firms continue to experience difficulty hiring workers, although some report a recent easing in labour shortages. As economic growth slows, unemployment is expected to increase.
The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.