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Home› World› Minns warns expected RBA rate rise will see ‘shops close that don’t reopen’ as pressure mounts on PM

Minns warns expected RBA rate rise will see ‘shops close that don’t reopen’ as pressure mounts on PM

WorldBy Tom McIlroy Political editorNov 2, 2026, 6:08 AM
Minns warns expected RBA rate rise will see ‘shops close that don’t reopen’ as pressure mounts on PM
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PUBLISHEDNov 2, 2026, 6:08 AM
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Frustration grows over the economy with one Labor MP saying voter anger is already high ahead of Reserve Bank of Australia decision Get our daily political email , free app or daily news podcast The NSW premier, Chris Minns, has warned an expected interest rate increase will force job losses and cause businesses to close, insisting the federal government and states should rein in spending to take pressure off the economy.

The intervention from the leader of the country’s biggest state…

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Main source: The Guardian World

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