Your AM Headlines + Why Interest Rates Keep Going Up

HEADLINES:

• OpenAI halts training of its latest artificial intelligence model after hacking multiple federal government websites
• An Australian data company begins excavations without a permit
• President Donald Trump rejects an Iranian proposal to reopen the Strait of Hormuz
• Lions win AFL Grand Final while Kylie Minogue and G Flip bring the house down

Plus, the Reserve Bank is expected to lift the cash rate to its highest level since 2011 tomorrow, even as unemployment climbs. Economist Dr Maria Yanotti explains how interest rates actually work and who wins and loses.

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