AM Anxiety ahead of possible rate hike
Mar 16, 2026
Tim Ayres, Minister for Industry, Innovation and Science, briefly outlines R&D reform and fuel stock measures. Angus Taylor, Opposition Leader, critiques government handling of fuel supply and cost pressures. They discuss rising fuel prices, possible interest rate moves and whether Australia should boost refining and intervene in fuel distribution.
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Oil Shock Makes RBA Decision Tight
- Rising oil prices and Middle East conflict make the RBA's rate decision a close call.
- Jo Masters says holding today and waiting six weeks gives more certainty on war impact and inflation path.
Local Shoppers Voice Fuel Anxiety
- Shoppers in north-west Brisbane express anxiety over rising costs and petrol hikes.
- One worker from an airline fears job loss if jet fuel becomes scarce, likening it to COVID impacts.
Domestic Pressures Could Tip RBA Toward Hike
- Elevated domestic inflation pressures and supply shortages could prompt a 25 basis point RBA hike.
- Sherelle Murphy highlights tight labour markets and potential fertilizer-driven food price rises as convincing factors.