Albanese under fire with another RBA rate hike expected

Summary

With the Reserve Bank widely tipped to lift interest rates, the government will be under increasing pressure over government spending. Anthony Albanese and his Treasurer Jim Chalmers have long blamed external factors such as the US and Israeli war on Iran for heightened inflation, while the Opposition says government spending is at the heart of the problem. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-11-03/federal-politics-live-blog-albanese-interest-rates-nov-3/107338214 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia

Description from ABC News (Australia).