Australia news live: Chalmers says ‘near universal expectation’ interest rates will rise worldwide; Mike Baird resigns as Cricket Australia chair

Follow the day’s news liveGet our breaking news email, free app or daily news podcastRBA expected to hike cash rate to 4.6%, its highest level since 2011Australia’s key interest rate is expected to hit its highest level since 2011, drag down house prices and add more than $100 to typical monthly mortgage repayments. Continue reading...