
Rate hike next week; Middle East embassies shuttered; robotaxis sans steering wheels
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Thursday 12 March 2026
A rate hike next week looks increasingly likely after the Reserve Bank Deputy Governor said failing to raise rates could be a problem for the economy.
- Australia shuts down diplomatic missions in the Middle East as bombing in the region escalates
- Matt Canavan elected to lead the Nationals
- The federal government spends $200m to support a local data centre player
- Amazon pushes robo-taxis without steering wheels, an accelerator or a brake
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