Indicates the type of a location. Location Type Defined by CCTVPLUS Indicates the role that a specific instance of a description takes among all descriptions. Description Role Defined by CCTVPLUS The role in the overall content stream. Part Role Indicates a kind of content rendition. Content Rendition Defined by CCTVPLUS CCTV Newscontent Co.,Ltd. CCTV Newscontent Co.,Ltd. All Rights Reserved. No access Chinese mainland CCTV Newscontent www.cctvplus.com +86-10-83949886 +86-10-63978447 contact@cctvplus.com 2026-05-05T22:11:56Z 2026-05-05T22:11:56Z 2026-05-05 2014-11-06T09:22:45Z China Central Television Australia Economy/Other May 5, 2026/File Australia-Central Bank/Interest Rates Australian central bank raises interest rates under inflation pressures Australia's central bank on Tuesday raised its key interest rate by 25 basis points to 4.35 percent amid renewed inflation pressures. The Reserve Bank of Australia (RBA) said that the Monetary Policy Board decided to increase the cash rate target from 4.10 percent to 4.35 percent at its meeting on Tuesday, with eight members voting for the increase and one voting to hold rates unchanged. The central bank said inflation had risen markedly since late 2025, driven partly by capacity pressures and higher fuel and commodity prices linked to the Middle East conflict. The RBA now expects headline inflation to peak at 4.8 percent in June and trimmed mean inflation at 3.8 percent over the year to June, both higher than previously forecast. In its decision statement, the board said inflation was likely to remain above target for some time and that the risks remain tilted to the upside, making it appropriate to increase the cash rate target. Nats/Part Mute Beijing, China - May 5, 2026 (CCTV - No access Chinese mainland) 1. Screenshot of statement by Reserve Bank of Australia (RBA) FILE: Sydney, Australia – Exact Date Unknown (CCTV - No access Chinese mainland) 2. Various of sign of RBA 3. Australian dollar banknotes to be processed FILE: Strait of Hormuz - Date Unknown (NNC - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda) 4. Various of ships sailing in Strait of Hormuz FILE: Sydney, Australia – Date Unknown (CGTN - No access Chinese mainland) 5. Various of pedestrians FILE: Melbourne, Australia - 2022 (CGTN - No access Chinese Mainland) 6. Various of gas station, facilities 7. People at entrance of shopping center 8. Various of commodities on shelves 9. Customers checking out