
The government has confirmed it will not extend electricity rebates. While this decision may have some inflationary impact, the Reserve Bank of Australia (RBA) is expected to look through these effects for now.
However, traders should be aware that inflationary pressures are forecast to build in 2026. As a result, a rate hike late in the year is becoming the increasingly likely base case.
In related news, a decision on Austal is expected imminently, which may also influence market sentiment.
Original Source: Adam Button of investinglive.com







