SBS News In Depth Folgen

The Reserve Bank has warned some homeowners may have to sell their properties because of the economic conditions. The central bank governor has delivered a speech justifying the decision to keep interest rates on hold, in an attempt to keep driving inflation down. But Michelle Bullock has left the door open to more rate increases if required.

A mechanism to limit the losses of problem gamblers, a reduction in the number of poker machines and a total advertising ban are the key recommendations on a new report into how Australia should prevent gambling harm. The Grattan Institute report finds Australians are prolific gamblers with average annual losses of just over $1600 per adult. Poker machines account for the biggest single source of losses.

The Australian share market rose following a historic multi-billion dollar acquisition of data centre operator - AirTrunk. RBA governor Michele Bullock reiterated no rate cuts, as the iron ore price slid. For more Rhayna Bosch spoke with Fat Prophets founder Angus Geddes. And a $1.6 billion dollar deal between Optus and TPG dubbed a “win” for the regions. Australian Communications Consumer Action Network CEO Carol Bennett joins On the Money with the details.