‘Still work to do’: Labor in support of the RBA’s cash rate decision

The RBA’s decision to leave the cash rate on hold at 4.35 per cent is “consistent” with the Albanese Labor government’s policy views, says Assistant Trade Minister Tim Ayres. “There’s still work to do obviously,” Mr Ayres told Sky News Australia. “But the forecast for trimmed inflation and mean inflation is very consistent with the government’s approach and our overall policy position.”