Eagle Vale teen shooting; inflation concerns persist; Iran and US stalemate

The Reserve Bank of Australia has maintained the cash rate at 4.35%, warning that inflation remains stubbornly high and may only return to the target range of 2-3% by late next year. Iran and the United States remain deadlocked over reopening the Strait of Hormuz, with Tehran demanding billions in compensation before ceasing attacks on commercial ships in the vital waterway. Two teenagers aged 15 and 17 are in police custody after a shooting at a home in Eagle Vale, Campbelltown, with a third suspect still at large. T See omnystudio.com/listener for privacy information.