Latest / NewsCard® Australia Daily News / Australia braces for rate rise, G20 talks end without deal, France protests continue
Transcript
- [warm] This is NewsCard Daily for Sunday November 1, 2026 ... the biggest stories from Australia and around the world in just minutes. — [serious] We begin in Canberra where households are bracing for another interest-rate rise. Inflation has climbed to four-point-three per cent ... well above the Reserve Bank’s target range. Markets are tipping a fifth increase this year, with the cash rate potentially reaching four-point-eight-five per cent. For borrowers, that means more pressure on mortgages, rents and everyday spending. The Reserve Bank decides on Tuesday. — [serious] In federal politics, Anthony Albanese is defending Treasurer Jim Chalmers as the government faces growing criticism over the cost-of-living squeeze. The Coalition says Labor’s spending is fuelling inflation, while ministers point to global shocks, including higher energy and commodity prices. The argument sets up a difficult week in Canberra ... with economic management at the centre of the political fight. — [urgent] In New South Wales, emergency crews are responding after a three-vehicle crash near Byron Bay kills two people. Investigators are examining the circumstances of the collision, while the tragedy again highlights the risks on busy regional roads. Families are being supported as police work to establish what happened. — [curious] Now to our region ... Australia’s deaf rugby teams are beginning their campaigns at the World Deaf Rugby Sevens Championships in Japan. The men’s side finished runner-up at the last tournament, while the women finished third. Both teams face demanding pools, including matches against New Zealand, England and Japan. They are aiming for strong starts and a place in the knockout rounds. — [urgent] Overseas in the United States, G20 foreign ministers are ending talks in Atlanta without agreement on several major issues. Disputes over global security, trade and international cooperation are testing the group’s ability to present a united front. The lack of consensus comes as governments face mounting pressure over conflict, energy prices and a fragile world economy. — [serious] In Europe, youth-led protests are continuing across France for a third weekend. Thousands are taking to the streets, with demonstrations spreading in response to economic and political concerns. Authorities are managing large crowds as the unrest adds to pressure on governments across the region to respond to younger voters facing rising costs and uncertain prospects. — [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.