Australia News Australia Institute executive director Richard Denniss says interest rate hikes may not be the answer to inflation, as the role of company profits and wages are put in the spotlight. Credit 9 News Australia

Australia News Australian graduates overseas owe just over $1 billion in HECS-HELP loans, according to analysis of Australian Tax Office data.They make up about 1.3 per cent of all HECS debtors, and about the same proportion of the country's $74 billion total HECS debt. Credit ABC News (Austral

Australia News The Albanese government is fuelling inflation and causing a “sustained period” of high interest rates by spending with their “foot on the accelerator”, according to Shadow Treasurer Angus Taylor. Credit Sky News Australia

Australia News As the Reserve Bank is set to reveal if Australians will be hit with another rate rise, marking a potential 13th rise in just 15 months, Nine’s finance editor Chris Kohler breaks it down for what it will mean for borrowers, already struggling families and its the cost to inflation.

Australia News Australia has been accused of siding against a plan to reduce shipping industry emissions devised by a group of Pacific Island nations, according to the Sydney Morning Herald. Credit Sky News Australia