| Source: | Lateline Business |
|---|---|
| Published: | Monday, August 11, 2008 9:36 AEST |
| Expires: | Sunday, November 9, 2008 9:36 AEST |
Inflation looks set to finally fall, but the cost is likely to be rising unemployment. In its quarterly statement on monetary policy, the Reserve Bank painted a bleak outlook for the Australian economy, but hinted that interest rates will soon be coming down.
An elephant has turned over cars and injured its keeper in a five-hour rampage in India.
Scientists are giving the native bush rat a helping hand in its fight against its European rival.
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AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)
