Hello readers. Welcome to today’s election edition of Afternoon Update.
We’re very much on the home stretch of this campaign, and with more than 4 million people having already cast their vote, Anthony Albanese was making one of his final pitches for re-election.
At the National Press Club in Canberra, the prime minister said that at a time of such global uncertainty, Australia needs stability.
“When so much in the world is unpredictable, Australians can be sure of where Labor stands and what Labor stands for,” Albanese said.
Meanwhile, the cost of living remains front and centre. In good news for homeowners, a Reserve Bank of Australia rate cut on 20 May appears very likely as the latest data shows underlying inflation dropping below 3% for the first time in three years.
|