The fortnightly Essential Research poll has all the main players up on the primary vote, with the Coalition up two to 36%, Labor up one to 32% and the Greens recovering the three points they lost last time to return to 13%. Room is made for this by a two-point drop in the undecided component to 4% and a three point drop for One Nation to 5%. The pollster’s 2PP+ measure has Labor and the Coalition tied on 48%, with the balance undecided, after the Coalition led 47% to 46% last time. The monthly leadership ratings record little change for Anthony Albanese, steady on 43% approval and down one on disapproval to 47%, while Peter Dutton is down three on approval to 41% and up one on disapproval to 42%.
An occasional reading of national mood records a slight improvement on April, with 34% thinking the country headed on the right track, up two, compared with 49% for the wrong track, down one. Also featured are a series of questions on artificial intelligence and one on the impact of large technology companies, with 47% thinking them mostly negative for young people compared with 19% for positive, and 68% supporting an increase in the age limit on social media platforms from 13 to 16. Sixty-two per cent supported making hate speech a criminal offence with only 16% opposed, and 50% supported a weekend a month of national service for eighteen year olds consisting of paid full-time military placement, with 25% opposed, reducing to 46% and 26% for unpaid volunteer work. The poll was conducted Wednesday to Sunday from a sample of 1160.
The weekly Roy Morgan poll reverses a dip for Labor last week, their primary vote up two-and-a-half points to 31% with the Coalition down a point to 36%, the Greens down one to 14% and One Nation down one-and-a-half points to 4.5%. Labor now leads 52-48 on the respondent-allocated two-party preferred measure, after trailing 51.5-48.5 last time. The poll was conducted Monday to Sunday from a sample of 1579.
Also out this week is the Lowy Institute’s annual poll focusing on international issues, which affirms last year’s finding that Japan, the United Kingdom and France are trusted to act responsibly in the world, the United States, India and Indonesia a little less so, and China and Russia not at all. Joe Biden’s net rating turned negative, 46% expressing confidence, down thirteen on a year ago, and 50% lack of confidence, up twelve. Enthusiasm for Volodomyr Zelenskyy was off its earlier high, confidence down twelve to 60% and lack of confidence up seven to 29%, though this notably compares with 7% and 88% for Vladimir Putin, while Xi Zinping was at 12% and 75%. Fifty-six per cent rated the government as doing a good job on foreign policy compared with 41% for poor. The survey was conducted March 4 to 17 from a sample of 2028.
JWS Research’s quarterly-or-so True Issues issue salience report finds little change in the most important issues since February, with cost of living one of five issues nominated by 80% of respondents, well ahead of health on 58% and housing and interest rates on 55%. Nineteen per cent rated that the economy was heading in the right direction, unchanged on February, compared with 40% for the wrong direction, up one. An index score of the Albanese government’s performance records a two-point improvement to 47% after its lowest result to date in February.
Ok I am starting to get the filling that we have been giving too much meaning to somewhat stochastic variation in polling numbers.
It looks to me that overall we have been on a status quo situation for a while with Labor on top by 2 points or so (51 49). If this is true, although it implies a deterioration for Labor in relation to the election, it also makes it hard for the coalition to win the next election.
Historically, when the mood of the electorate gets stuck into a stable set of numbers, it is hard to move them either way. Particularly when the electorate is showing signs of general disillusion with both political parties (which I would say is now the case in Australia).
Focaldata NEW: Our first voting intention poll of the UK election campaign gives Labour a 17-point lead.
Labour: 43%
Conservative: 26%
Reform UK: 12%
Liberal Democrats: 9%
Green: 6%
Tiser Adelaide: Plans to arm the Adelaide-built Collins Class submarines with Tomahawk cruise missiles have been scuttled, exposing a firepower gap stretching into the next decade.
The long-range missiles were being considered by defence to significantly boost the six Collins submarines’ strike power, enabling them to accurately hit targets more than 2000km away.
But retro-fitting the torpedo-launched missiles to the ageing Collins fleet has been rejected as neither viable nor value for money, Defence Industry Minister Pat Conroy will reveal on Wednesday morning.
It is understood advice from defence and independent experts said the torpedo-launch Tomahawks were not in production and, even if they were, would be too costly and time-consuming to fit to the Collins fleet in a major upgrade starting in 2026.
The complexity meant they would have enabled for Collins only after the arrival of Viriginia Class nuclear-powered submarines from the early 2030s, on which vertical-launch Tomahawk missiles are standard.
The Reform UK party’s new leader, Nigel Farage, had a milkshake thrown over him on his first day of campaigning in Clacton, the Essex constituency where he is making his eighth attempt to become an MP.
After announcing on Monday that he would take over the party, and also stand as a candidate after initially saying he would not run, he made his way to the seaside town on Tuesday to begin seeking support.
Farage initially addressed supporters at a rally on the pier, before the veteran Eurosceptic then carried out media interviews at the Moon and Starfish pub. On leaving the pub, a woman appeared to throw a drink over him.
A woman, 25, was arrested on suspicion of assault after the incident, in which Farage was drenched with a banana milkshake as he came out of the pub on Clacton’s beachfront.
Holden Hillbilly,
I would really appreciate it if you would put a link to the origin of the stories you source. It’s blog etiquette and lets us know where we might go to read more.
JWS, page 10, about a third say their situation is heading in the right direction, …
Shorter gotcha media article: ‘Woman hired as a speechwriter spends her time writing speeches.’
https://www.smh.com.au/politics/federal/shorten-s-310-000-a-year-writer-pens-at-least-170-speeches-but-no-zingers-20240604-p5jj1e.html
https://www.theguardian.com/australia-news/article/2024/jun/05/labor-fights-for-the-right-to-shred-documents-if-it-loses-office
IDF Chief of Staff Lt. Gen. Herzi Halevi said Tuesday that Israel is close to making a decision regarding Hezbollah’s daily attacks on northern Israel amid the Gaza war.
“We are approaching the point where a decision will have to be made, and the IDF is prepared and very ready for this decision,” Halevi said during an assessment with military officials and Fire Commissioner Eyal Caspi, at an army base in Kiryat Shmona.
“We have been attacking for eight months, and Hezbollah is paying a very, very high price. It has increased its strengths in recent days and we are prepared after a very good process of training… to move to an attack in the north,” he said. “[We have] strong defense, readiness to attack, [and] we are approaching a decision point,” he added.
With news bulletins leading with alleged NDIS fraud, Shorten needs to get on top of this. Ditto Giles with Immigration.
Mavis: Giles lost the argument/plot/optics months ago. Most incompetent ALP Minister since the 1970s.
Djokovic has withdrawn from the French Open due to a knee injury, forfeiting his #1 World ranking to Sinner.
Modi, despite the gushing exit polls, is struggling to get a majority now the real counting has started.
BJP only has 240 seats of the 543 total number, meaning support from the smaller parties is needed. With his allies, this goes up to 289.
https://www.nytimes.com/interactive/2024/06/03/world/asia/results-india-lok-sabha-election.html
But the colour and movement in India is second to none!
Agreed Mavis. A Royal Commission into our media would do for a start 😉
President Biden issued an executive order on Tuesday that prevents migrants from seeking asylum at the U.S.-Mexico border when crossings surge, a dramatic election-year move to ease pressure on the immigration system and address a major concern among voters.
The measure is the most restrictive border policy instituted by Mr. Biden, or any other modern Democrat, and echoes an effort in 2018 by President Donald J. Trump to cut off migration that was blocked in federal court.
White House, Mr. Biden said he was forced to take executive action because Republicans had blocked bipartisan legislation that had some of the most significant border security restrictions Congress had considered in years. “We must face a simple truth,” said the president, who was joined by a group of lawmakers and mayors from border communities. “To protect America as a land that welcomes immigrants, we must first secure the border and secure it now.”
https://www.nytimes.com/2024/06/04/us/politics/biden-executive-order-border-asylum.html
Holdenhillbilly:
Wednesday, June 5, 2024 at 7:09 am
[‘Mavis: Giles lost the argument/plot/optics months ago. Most incompetent ALP Minister since the 1970s.’]
He’s certainly not good on his feet in the House. Murray Watt would be a good replacement as he’s got the gift of the gab.
The Assistant Public Service Minister has urged bureaucrats to use artificial intelligence (AI) in their work, but to do so against a “backdrop of caution”. Mr Gorman delivered a speech touting the benefits of AI at an Institute of Public Administration Australia ACT event on Tuesday evening in Canberra. “I know that the public sector needs to uplift our skill in artificial intelligence,” Mr Gorman said. “There is no other option.”
The Assistant Public Service Minister said public servants could either choose to lead the AI race as policy innovators, or risk falling behind. He pointed to various examples where government agencies had already adopted the new technology, including at the Tax Office, where it is being used for entitlement calculation and natural language processing. “The Australian Taxation Office is making intelligence available to the right staff at the right time to ensure they focus on the highest tax risks,” Mr Gorman said. “This enables them to focus on activities that require human decision-making, interactions and empathy.” Staff at the ATO are also using AI to develop analytical models to identify taxpayer populations.
https://www.canberratimes.com.au/story/8652003/patrick-gorman-says-aps-must-use-ai-or-risk-falling-behind/?cs=14329
File under – No Shit Sherlock.
Biden: ‘every reason’ to believe Netanyahu is prolonging Gaza war for political gain
https://www.theguardian.com/us-news/article/2024/jun/04/biden-netanyahu-ceasefire-israel-gaza-war
Which is similar to what a re-elected President Trump would confront.
Would he handover the mantle to the next President? Knowing that he was facing jail time, or at least a string of state-based cases? I see Wisconsin and Michigan are joining Arizona and Georgia in prosecuting the ‘fake electors’ scheme – with the unindicted co-conspirator DJT.
So every reason to never leave
The most incompetent immigration and Home Affairs minister was Peter Dutton
Allowed Labor to call his incompetence out , it was the former federal lib/nats government who did nothing to change the laws
Good morning Dawn Patrollers.
Shane Wright tells us that a group of economists and policy experts has rallied to support the government’s Future Made in Australia plan, saying the country will be poorer without it. They have said critics of consigning the country to an “extract and export” business model while ignoring the potential for hundreds of thousands of well-paying industrial jobs.
https://www.smh.com.au/politics/federal/more-than-a-quarry-economists-back-albanese-s-23-billion-gamble-20240604-p5jj6q.html
Peter Martin argues why there’s nothing wrong with lifting lowest wages in line with inflation. “What is it with the Coalition and wages?”, he asks.
https://www.canberratimes.com.au/story/8651319/peter-martin-coalitions-wage-rise-fears-what-it-means-for-aussies/?cs=14258
Following a successful appeal to the Fair Work Commission Labor will enforce a minimum wage increase, which will likely see Australia return to positive real wage growth, Stephen Koukoulas reports.
https://independentaustralia.net/politics/politics-display/real-wage-growth-returns-labor-announces-minimum-pay-increase,18654
It’s a persuasive bundle of truths. Gas is far more popular than nuclear. Gas will be the essential factor in firming up renewable power generation for years to come. Nuclear power, if it comes, is a story for the 2030s but really for the 2040s. Labor is divided about gas but united against nuclear, writes Paul Kelly who says a nuclear vs renewables debate would play into Labor’s hands.
https://www.theaustralian.com.au/commentary/a-nuclear-vs-renewables-debate-would-play-into-labors-hands/news-story/0c908939e38681e4a1d440d0e1ffb0b4?amp=
Productivity Commission boss Danielle Wood says Treasurer Jim Chalmers’ signature industry policy is not tax reform, and that cutting Australia’s 30 per cent company tax rate would make the economy more internationally competitive, reports Michael Read.
https://www.afr.com/policy/economy/future-made-in-australia-is-not-tax-reform-says-pc-boss-20240604-p5jj8e
Natassia Chrysanthos tells us about the spivs and rorts identified in the substantial rorting of the NDIS. She refers to the revelations from the scheme’s integrity chief at last Monday night’s budget estimates hearing.
https://www.youtube.com/watch?v=x-5zEb1oS9A
Bill Shorten has fired back at opposition claims illegal drugs were trafficked through the NDIS under his watch, accusing “incompetent and naive” Coalition governments of leaving the $44bn scheme susceptible to fraud. The fiery debate comes as officials from the National Disability Insurance Agency told a Senate estimates hearing on Monday night “dozens” of dodgy service providers had sold participants illegal substances purchased with NDIS funding.
https://www.theguardian.com/australia-news/article/2024/jun/04/shorten-blames-coalition-after-ndia-reveals-dodgy-providers-sold-drugs-to-vulnerable-australians
Alexandra Smith reports that the NSW Liberals have moved to kill off the Minns government’s signature density reforms and overturn new planning controls at 37 train stations, where six-storey apartment blocks would be built as part of its transport-oriented development program.
https://www.smh.com.au/politics/nsw/housing-under-threat-the-plan-to-kill-off-sydney-s-signature-density-policy-20240604-p5jj7b.html
The SMH editorial says that while waiting for the government’s longer-term plans to have an effect it has a ready-made tool to address the tradie shortfall: Raise the intake of migrant building and construction workers – and do it now to have an immediate impact on alleviating the housing crisis.
https://www.smh.com.au/politics/federal/border-control-can-be-a-dog-leash-or-a-velvet-rope-for-migrant-workers-20240604-p5jj28.html
Universities have accused both sides of politics of using foreign students as “cannon fodder” in a poll-driven exercise to slash migration, risking thousands of jobs, report Phil Coorey and Tom McIlroy.
https://www.afr.com/politics/federal/foreign-students-cannon-fodder-in-poll-driven-migration-war-20240604-p5jj0q
A world first global groundwater temperature model projects that shallow groundwater will warm on average by between 2.1 and 3.5 degrees Celsius by the end of the century.
https://theaimn.com/global-research-warns-climate-change-is-increasing-groundwater-temperatures/
An account meant to help drive down Victoria’s borrowing costs was instead put into overdraft, forcing the government to find hundreds of millions of dollars to repay it by the end of this financial year – and possibly billions in the next, writes Annika Smethurst.
https://www.theage.com.au/politics/victoria/victoria-set-up-an-offset-account-to-save-money-then-it-went-into-the-red-20240604-p5jj3q.html
Buy now, pay later providers including Afterpay, Zip and Klarna will be brought under the Credit Act in changes that have been a long time coming, explains Rachel Clun.
https://www.smh.com.au/politics/federal/tougher-rules-on-gen-z-s-favourite-credit-coming-soon-20240603-p5jiwj.html
Ross Gittins unloads on economic spin and tells us what he believes his job is.
https://www.smh.com.au/business/the-economy/australia-s-caught-in-a-spin-cycle-thank-goodness-you-ve-got-me-to-slow-it-down-20240604-p5jj3d.html
Sam Buckingham-Jones takes us through the cleanout at News Ltd. More redundancies are expected to follow.
https://www.afr.com/companies/media-and-marketing/news-corp-on-edge-as-redundancies-roll-out-after-major-restructure-20240604-p5jj34
New $272 million law courts in Melbourne’s south-west won’t open as planned after building finishes because the state budget didn’t allocate funding for staff or running costs. This reminds me of the “Yes Minister” episode involving a new hospital that had no staff. https://www.youtube.com/watch?v=x-5zEb1oS9A
https://www.theage.com.au/politics/victoria/court-short-new-justice-hub-to-sit-empty-after-government-cuts-funding-20240603-p5jivt.html
Sociologist Susan Carland describes some chilling voicemails that prove Islamophobia is thriving – despite one senator’s callous dismissal. She has a bit to say about Sarah Henderson.
https://www.smh.com.au/politics/federal/these-chilling-voicemails-prove-islamophobia-is-thriving-despite-one-senator-s-callous-dismissal-20240603-p5jix3.html
There’s a lot wrong with how we treat international students in this country, but Jenna Price never expected to see Randwick Council picking on the young and vulnerable. Privileged tossers, she calls the councillors.
https://www.smh.com.au/national/nsw/let-s-not-be-tossers-to-our-foreign-students-looking-at-you-randwick-20240603-p5jixp.html
“Another approach? The Qatar decision scar has barely healed. Now it’s about to be reopened”, writes Elizabeth Knight.
https://www.theage.com.au/business/companies/second-time-lucky-the-qatar-decision-scar-has-barely-healed-now-it-s-about-to-be-reopened-20240604-p5jj5o.html
The European Union is on the verge of announcing whether it will significantly raise tariffs on imported Chinese electric cars – and China is threatening to retaliate, writes Stephen Bartholomeusz.
https://www.smh.com.au/business/markets/it-s-d-day-for-europe-s-trade-relationship-with-china-20240604-p5jj1r.html
Farrah Tomazin reports that Joe Biden has taken his toughest action yet to curb the US immigration crisis by temporarily stopping migrants from seeking asylum when border crossings surge, in a move that Donald Trump says won’t do enough to stop America being “invaded”.
https://www.theage.com.au/world/north-america/biden-enacts-immediate-cap-on-asylum-seekers-at-us-mexico-border-20240605-p5jjaw.html
“Elon Musk is cosying up to Donald Trump. Haven’t we suffered enough?”, writes Arwa Mahdawi.
https://www.theguardian.com/commentisfree/article/2024/jun/04/elon-musk-cosying-up-donald-trump-havent-we-suffered-enough
Cartoon Corner
David Pope
Matt Golding
David Rowe
Glen Le Lievre
Mark David
Fiona Katauskas
Simon Letch
Andrew Dyson
Jon Kudelka
Mark Knight
Spooner
From the US
Griff:
Wednesday, June 5, 2024 at 7:14 am
[‘Agreed Mavis. A Royal Commission into our media would do for a start ‘]
Although warranted, I think an RC would be a bridge too far.
Holdenhillbillysays:
Wednesday, June 5, 2024 at 7:09 am
[Mavis: Giles lost the argument/plot/optics months ago. Most incompetent ALP Minister since the 1970s.]
The “argument/plot/optics” regarding immigration and the “right to stay in Australia” was lost years ago, mostly while the LNP, was desperately attempting to stay in government or win government.
Immigration policy and debate has always been difficult.
The LNP/media “pile on” to Minister Giles is indicative of “whatever it takes” politics, disengenerous at best and mostly just dishonest fear mongering.
Scott says:
Wednesday, June 5, 2024 at 7:21 am
The most incompetent immigration and Home Affairs minister was Peter Dutton
Amanda Vanstone?
David Coleman?
Th federal lib/nats and their propaganda media units, deliberately lied to the public about releasing the federal Lib/nats nuclear thought bubble
The incompetence of the former Federal lib/nats government in managing the NDIS
The incompetence of the former Federal lib/nats government managing the economy and governing
The incompetence of the former Federal lib/nats government managing relations with other country governments
The incompetence of the former Federal lib/nats opposition still have no fix or new policy to deal with electricity prices, cost of living , and managing economy
sprocket_ says:
Wednesday, June 5, 2024 at 7:26 am
Scott says:
Wednesday, June 5, 2024 at 7:21 am
The most incompetent immigration and Home Affairs minister was Peter Dutton
Amanda Vanstone?
David Coleman?
——————————
yes, i would say Dutton was more incompetent
Thanks BK, that’s quite a haul this morning!
https://www.washingtonpost.com/politics/2024/06/04/wisconsin-charges-2020-trump-electors/
Is there anyone in the Trump orbit who isn’t crooked?
What a fickle and feckless lot some people can be. Andrew ‘Giles lost the argument months ago’ because the High Court called the bluff on the Coalition’s illegal indefinite detention policy and he was left to clean up the mess it created?
Or it’s Bill Shorten’s fault that the Coalition let a fraud and corruption culture fester in the NDIS?
Some people just want any unjustifiable excuse to blame Labor.
Welcome back, C@t!
Andrew Giles is a symptom rather than the cause of the wheels falling off the Labor sulky.
Thanks BK!
And I agree with you Mavis. A bridge too far, sadly.
#weatheronPB
An empty embrace,
under a cold cloudless sky,
carries me inside.
A long discussion on USA media by Utube makers
Summary. Buggered if I know what to do.
https://www.youtube.com/watch?v=sBYQz6KgJ94&t=1375s
Frednk
I listened to that Tim Miller.Ben Smith piece on my morning walk – my takeaways are:
– cable TV is past its use by date – the Median age of viewers is 68, rusted ons
– big MSM like NyTimes and Wapo retain some influence
– social media peaked in 2016/18 with Twitter, Facebook – now fragmented
– YouTube/podcasts and TikTok now dominant
– how to navigate or influence in this very diverse landscape is unclear
So, it’s now official. If Murdoch says gas, not nuclear, then that’s the end of that.
Any reasonable person would conclude that Labor wants to coverup their dirty dealings.
Can’t see how this helps their brand.
Lol
sprocket
It set me think about my own media consumption.
BK’s summary of Australian media is very important to me, more so than the articles. I trust his summaries and only bother to read some. I now feel you can work out the slant by looking a the URL, Murdock press is a complete waste of time ,the age has lost it and the ABC is a little scared, the Guardian I read. But if you want to know what is going on, it is still the ABC.
The nonsense coming out of the liberals really doesn’t effect much. Polls are the same as they were at the elections, and it really is just nonsense.
I find it more interesting the read the fight wing comments on pollbludgers , they don’t try to sugar coat the nonsense, it comes out full on. You don’t get so much of the Green dreaming in the press, I think poll-blugger comments give you incite.
You pick up a lot of good links on pollbludger, and you need that. The Utube algorithm pushes you to one point of view.
I think what makes pollblugger good is the randomness of it all, and the fact that it has a lot of well educated old farts commenting.
Matt 31
If around … thanks for the info on Gregory Campbell, i had assumed he was a hard man after his role in the Gaelic language bill, particularly the “Curry My Yoghurt” incident.
Which leads me to this … why it is important for the state to support Gaelic (you will enjoy)
https://youtu.be/ydSNgr97gSY?si=WLuPMXcWjcFRhcdj
Thanks, BK! I’ve just spent half an hour renewing my car registration which expired while I was away and which I thought I had done before I left, but I didn’t complete one section appropriately so it didn’t go through! All sorted now though. 😀
https://www.watoday.com.au/national/western-australia/get-ready-for-empty-shelves-again-as-supply-chain-crisis-looms-for-wa-20240604-p5jj37.html
Didn’t the electorate vote for Labor’s Energy policy at the last election? And would the majority not be aware of the Coalition’s long-standing advocacy for nuclear power? So the matter has been effectively decided. Except in the minds of people like FUBAR, who have a MAD idea about every country having nukes. Hence, we should thus have nuclear power. :/
And, Rewi, if I want to call out another’s Whataboutism, I will. 🙂
Thanks BK!!
Welcome back cat!!
Merely an observation C@tmomma. You’re by no means the only person who demands others adopt a standard they do not observe themselves. I’m sure I do it sometimes myself.
So, who thinks the major parties are corrupted by fossil fuels ?
Being Immigration Minister is one of the toughest jobs in politics anywhere in the world. It is a fraught area of public policy and law where no one shines.
Andrew Giles’ resilience in the face of sustained attacks is a marvel. I hope he sees it through and he retains the support of Caucus and the Prime Minister. I think, from what I’ve seen of him in parliament over many years, he’s got a good heart.
The latest MRP to drop in the UK
Survation.@Survation
NEW: Our first MRP of the 2024 General Election
Labour Set for Record Breaking Majority
LAB 487
CON 71
LD 43
SNP 26
RFM 3
PC 2
30,044 interviews conducted online and on the phone
Fwk 22 May – 2 June
‘The implied national vote share from the MRP model placed Labour on 43.2%, Conservatives on 24.3%, Lib Dems on 10.4%, Reform on 11.4% and the Green Party on 4.2%. The SNP would receive 3.3% of the vote, and Plaid 0.6% while other parties would receive a combined vote share of 2.6%’
__________________________________________________________
In other news the first TV debate between Sunak and Starmer took place earlier .. I didn’t watch but the UK Labour sub-reddit is rather down beat about it 🙁
If the General freight truck drivers are to be believed, she is wrong:
https://www.theguardian.com/australia-news/live/2024/jun/05/australia-politics-live-universities-international-students-immigration-question-time-anthony-albanese-peter-dutton
The Reserve Bank’s governor, Michele Bullock, is appearing at Senate estimates this morning, and unsurprisingly the opposition – led by Liberal senator Jane Hume – is stressing the “very weak economy”.
Asked about today’s March quarter national accounts figures (due to land at 11.30am Aest), Bullock said she expects GDP growth “to be quite low”.
The market agrees, with economists tipping 0.2% quarter on quarter growth and an annual pace of 1.2%. (The December quarter posted 0.2% and 1.4% growth, respectively, and both might be revised.)
Bullock (slightly surprisingly) didn’t know the answer the question of how many quarters in a row have had no growth or a retreat in per capita growth. She said, “one or two”, when actually the last quarter of GDP per capita growth was the December quarter of 2022, so today’s numbers should make it five quarters of no growth. (The first of that series, the March quarter of last year, was flat.)
The Australian economy, though, is still on its “narrow path” of slowing without stalling. Inflation is in retreat but “coming down only slowly”.
The next RBA board meeting is on 17-18 June, and for now, markets aren’t expecting the central bank to move its cash rate from 4.35%.