RBA governor says board ‘did not consider’ cutting cash rate – as it happened

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• No Christmas gift for Australian borrowers as RBA leaves interest rates on hold
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High court to hear CFMEU challenge

The high court will today and tomorrow hear the former construction union officials' challenge against the Albanese government's law appointing administrators to run the union after accusations of criminal misconduct and bikie links.

The enhanced lethality of our surface fleet is a critical and much needed assurance mechanism to ensure our continued access to the sea, which sustains our livelihoods. We are doing everything humanly and legally possible to optimise the Royal Australian Navy's surface combatant fleet as quickly as possible.