Latest / NewsCard® Australia Daily News / RBA cash rate at 4.85%, Russian strike kills 33 in Zaporizhzhia, France protests
Transcript
- [warm] This is NewsCard Daily for Friday November 6, 2026 ... the biggest stories from Australia and around the world in just minutes. — — [serious] We begin in Canberra where the Reserve Bank’s cash rate sits at four-point-eighty-five per cent ... the highest level since 2008. The increase reflects persistent inflation and rising energy costs linked to conflict overseas. For households, that means greater pressure on mortgages, rents and everyday spending ... with relief now depending on inflation falling decisively. — — [serious] In Canberra, the government faces growing debate over what is driving those price rises. Business groups say most of the inflation surge is homegrown, pointing to government spending and domestic costs. Treasurer Jim Chalmers says overseas conflict remains the primary cause. The argument matters because it shapes the next budget ... and whether Australians see more spending restraint or targeted support. — — [curious] Across the country, schools are preparing for a major curriculum shift. New maths lessons will introduce fractions in Year One, while financial and consumer literacy begins from kindergarten. The aim is to give children practical skills earlier ... from understanding money to making sense of everyday numbers. Supporters welcome the change, but teachers are watching closely for resources and workload. — — [serious] In Melbourne, the cost-of-living squeeze is also being felt in the corporate world. Macquarie chief executive Shemara Wikramanayake is handing down her final results before leaving the role. Her warning is blunt ... Australia risks becoming too comfortable. The message comes as businesses confront higher borrowing costs, weaker confidence and pressure to lift productivity. — — [warm] For travellers, Qantas is expanding its cheapest reward-seat options. Ten dedicated points planes are planned for next year, giving frequent flyers more ways to use accumulated points. It is welcome news for passengers trying to manage higher travel costs ... although availability and timing will still determine who gets the best deals. — — [urgent] Overseas in Ukraine, a Russian air strike on a humanitarian aid centre in Zaporizhzhia region reportedly kills at least thirty-three people. Local reports say nine heavy bombs hit the site, where civilians were seeking assistance. The attack highlights the continuing danger for aid workers and families ... even far from the front line. — — [serious] In Europe, France sees nationwide cost-of-living protests. Unions and students are demanding cheaper groceries, lower petrol prices, better wages and tax reform. The unrest comes as President Emmanuel Macron’s second term moves towards its final stretch. For Australia, it is another sign that household affordability is driving politics across advanced economies. — — [hopeful] That’s NewsCard Daily. For more top stories and quick summaries that keep you informed in minutes, download NewsCard ... available in the App Store.