RBA Governor Philip Lowe has opposed calls to pay workers higher wages to match inflation amidst Australia’s burdening cost-of-living crisis – as he warns that rates will continue to skyrocket. 

Texas Governor Greg Abbott is deploying National Guard troops in M113 armored personnel carrier to various positions along the border after earlier threatening to use gunboats for the crisis.

Kari Lake’s campaign for governor of Arizona was handed a lifeline on Saturday when the state’s attorney general’s office demanded explanations for election day problems before results are certified.

Lord King warned rates are returning to ‘normal levels’. But he insisted the economy will benefit from the change and that central banks ‘should not try to stand in the way’.