7NEWS Update - Tuesday June 7, 2022: Interest rate rise expected; Boris Johnson faces no confidence vote
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The official cash rate, which currently sits at 0.35 percent, is widely expected to be lifted when the Reserve Bank hands down its interest rate decision today; British Prime Minister Boris Johnson is in the battle of his political life as he faces a no-confidence vote in his leadership*; Prime Minister Anthony Albanese is pledging stronger ties with Indonesia, in a move to bolster relations in the Indo-Pacific. Presented by Jodie Spears. More news across the day on 7NEWS.com.au and 7Plus. *Since this episode was recorded, British Prime Minister Boris Johnson survived the vote of no confidence, with 211 out of 359 Conservative MPs voting to keep him in the top job. See acast.com/privacy for privacy and opt-out information.
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