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No rate cut but RBA leaves door open; Woolies cuts prices; Virgin set to list in June

No rate cut but RBA leaves door open; Woolies cuts prices; Virgin set to list in June

Published 9 months, 1 week ago
Description

Wednesday 2 April 2025

The Reserve Bank leaves interest rates on hold but hints that there could be a rate cut in the future. 

  • Woolworths starts reducing prices as it tries to be more competitive against Aldi. 
  • The latest streaming service in Australia kicks off, against some fierce competition. 
  • Prime Minister Anthony Albanese rejects American suggestions that Australia’s PBS and news bargaining code should change
  • And Tinder turns to AI.

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