Welcome to Need to Know this Tuesday, September 26. Here are some of this morning’s biggest headlines:: The Reserve Bank of Australia has offered support to Treasurer Jim Chalmers’ goal to “drive down” the full-employment rate “over time”, responding to conjecture this may be at odds with the bank’s inflation fight.: Average pay rises in new collective agreements have risen to a high of 4.
7 per cent, entrenching a benchmark for wages that could put pressure on the Reserve Bank’s efforts to control inflation.: Rugby Australia chairman Hamish McLennan says the game will have enough money to ensure its future, but the job of paying for an expensive but much-needed restructure of the game’s administration has become far harder after a historic World Cup exit in France.
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