The Reserve Bank of Australia has raised the cash rate by 25 basis points to 4.6%, marking the fourth interest rate increase this year and reaching a 15-year high. A young woman has relived the moment she was bashed and tasered by a motorcycle gang, hell-bent on stealing her bike, with the group stealing three bikes in one day using the same brute-force method. A learner driver on bail has admitted to mowing down two pedestrians outside the Melbourne showgrounds, killing one and seriously injuring the other, Awer Dau pleaded guilty to four charges, including culpable driving causing death and negligently causing serious injury.
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