7 News Governments urged to rein in spending ahead of expected interest rate hikes 5 hours ago The News Room Australia’s federal and state governments are being urged to rein in spending, with fears back-to-back interest rate hikes are around the corner. #interestrates #reservebank #economy #inflation #auspol Post navigation Previous Prisoner facing time in jail breaks free from handcuffs and makes a run for itNext Shocking footage of Perth school bus erupting in flames