Sarah Ferguson presents Australia's premier daily current affairs program, delivering agenda-setting public affairs journalism and interviews that hold the powerful to account. Plus political analysis from Laura Tingle.
SARAH FERGUSON: One of these days we're going to bring you a report on a Reserve Bank meeting that's all good news. Today is not that day.
But what was interesting was that she did say that they didn't discuss the idea of putting rates up today which is the first time they haven't discussed that since March. So, for people who are desperate for a sign that there is some movement, I think that's probably the best one. SARAH FERGUSON: Let's go to the politics first. How much daylight is there first of all between what the Government, what the Treasurer is saying about what these figures say and what the Reserve Bank is saying?
In a similar way, we get the monthly inflation data on Wednesday which is always much more volatile, but because of all of those cost-of-living measures the Government introduced over the last couple of months, that figure could be as low as something like 2.8 or 2.9 per cent - much lower than the quarterly inflation number, but the Governor has made very clear that is just a bit of artificiality which she won't be taking too much notice of.
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