$1 trillion and counting: Australia's national debt has blown past $1 trillion, with Treasurer Jim Chalmers warning the December budget update could cost billions extra in interest payments as global bond yields surge.
Bullock's bombshell: RBA Governor Michele Bullock said unemployment may need to rise to 5% from the current 4.5% to crush inflation, drawing a furious response from unions who called it "policy-driven brutality."
