Job losses but no rate cut; Australia-US drug wars; Starbucks fined $50m for spilt tea

Friday 21 March 2025

More than 50,000 jobs were lost last month but that doesn’t mean the Reserve Bank is rushing to cut interest rates. 

And more, including:

• A war of words has erupted between Australian and US authorities over the Pharmaceutical Benefits Scheme. 
• Australia’s population pushes beyond 27 million. 
• Plus Victoria is the country’s theft leader, and Starbucks fined $50 million for spilling a cup of tea. 

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