Welcome to the 9News live blog for Tuesday, December 6, 2022.
Mortgage holders are set for more pain today with a further interest rate increase expected from the Reserve Bank of Australia. The RBA’s final interest rate decision for 2022 is expected to push rates up further for the eighth consecutive month.
Prime Minister Anthony Albanese has tested positive for COVID-19 for a second time. As a result, tomorrow’s national cabinet will be postponed, delaying a crucial chance for leaders to consider energy price caps.
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And overseas, there have been deadly explosions at air bases deep in Russia, with reports saying Ukrainian drones were behind the blasts.
Stay with us today for all the breaking news including live press conferences.