Australia news live: shadow ministry and nuclear power up for debate as Ley hosts Littleproud in Albury to start Coalition talks
World news | The GuardianThursday, May 15, 2025 at 1:09:42 AM
** The Liberal Party's new leader is meeting with the Nationals' leader in Albury to discuss a coalition agreement, while the Reserve Bank of Australia monitors inflation data ahead of a key rates meeting. The trimmed mean inflation rate dropped to 2.9%, but labor market concerns persist.
What This Means: ** This news highlights ongoing political negotiations between Australia's major conservative parties and economic uncertainty as the RBA weighs inflation and employment trends before deciding on interest rates. The outcome could influence both government policy and economic stability.
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