Interest rates tipped to rise | ABC News Top Stories

May 4, 2026 · 2 min

About this episode

The episode covers a boating tragedy, a murder charge, and the anticipated rise in interest rates due to inflation.

Three people have died in a boating tragedy off the NSW North Coast. Police have confirmed two members of the local Marine Rescue organisation are among the dead, after their rescue craft rolled on the Ballina bar early last night as the crew went out to help a yacht in distress. One person was winched from the water by a rescue helicopter crew, while three other people made it to shore, where they were treated by paramedics. A search for survivors has been suspended after inquiries indicate that no other people were on board the yacht at the time. The man charged with the murder of Kumanjayi Little Baby will face court this morning, with the hearing marking the first time an NT criminal proceeding is live-streamed to the public. Jefferson Lewis was arrested on Saturday after the five-year-old girl went missing from an Alice Springs town camp last month, sparking a five-day search. Mr Lewis is facing one count of murder and two other charges that cannot be published for legal reasons. He'll appear via video link in the Alice Springs Local Court. The Reserve Bank is widely expected to increase interest rates again when it wraps up its two day board meeting this afternoon. A steep…

Topics covered

boating tragedy
interest rates
murder charge
inflation
rescue operations

Keywords

interest rates
boating tragedy
murder charge
inflation
rescue operations

Mentioned in this episode

Organizations: Marine Rescue, Reserve Bank

Places: NSW, Alice Springs, Ballina bar

Interest rates tipped to rise | ABC News Top Stories

About this episode

Topics covered

Keywords

Mentioned in this episode

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