Good early morning folks, it’s Sunil here in Sydney. Here’s what you require to understand to start your day.
Today’s must-reads:
• Decision on next RBA guv likely in July
• Sydney, Melbourne amongst most liveable cities
• Titan wreckage discovered
Australian Treasurer Jim Chalmers anticipates to choose in July on the guv of the Reserve Bank, with incumbent Philip Lowe’s present term ending in less than 3 months. Whether Lowe is extended or changed, the next head will deal with myriad obstacles. The RBA is undertaking its most aggressive policy tightening up in more than thirty years and this month raised the money rate to 4.1%, while caution of possible additional walkings ahead.