Rate cuts still on agenda; high profile Libs demoted; North West Shelf gas gets green light

Thursday 29 May 2025 Inflation remains in the Reserve Bank’s target band, opening the way for another interest rate cut. The federal Coalition reforms, and the shadow ministry is announced, with some high profile Liberal MPs losing out. And Labor green lights the extension of Woodside’s North West Shelf gas project for another 45 years. Myer doubles down on its loyalty program. Elon Musk’s SpaceX program experiences a third crash in three attempts. Book your free ticket to Fear & Greed’s first ever live show in Sydney on June 5, combined with the launch of Michael’s new novel All The Perfect Days . Join our free daily newsletter here . Join ausbiz at 12:30PM this Thursday for a free virtual event – " 3 Stocks for ". Ten of Australia's leading fund managers share their top investment picks. It’s short, sharp, and packed with actionable insights. Register now . And don’t miss the latest episode of How Do They Afford That? - 10 ways to get onto the property ladder. Get the episode from APPLE , SPOTIFY , or anywhere you listen to podcasts. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.