RBA Gov Bullock expects inflation to increase further in the short term

Israel and Lebanon have reached an understanding about a plan for a full ceasefire in Lebanon conditioned on steps taken by Hezbollah, per two sources US STATE DEPARTMENT ANNOUNCES ISRAEL AND LEBANON HAVE AGREED TO A CEASEFIRE BROKERED BY WASHINGTON, WITH BOTH SIDES COMMITTING TO RAPIDLY ESTABLISH PILOT ZONES UNDER EXCLUSIVE LEBANESE ARMED FORCES CONTROL, FREE OF ALL NON-STATE ACTORS.

*HEZBOLLAH REJECTS OUTCOME OF LEBANON-ISRAEL DIRECT TALKS: CHIEF LEBANON'S HEZBOLLAH CHIEF SAYS NEGOTIATIONS WITH ISRAEL ARE 'SHAMELESS' LEBANON'S HEZBOLLAH CHIEF SAYS SAYS WASHINGTON'S ANNOUNCEMENT IS 'ROADMAP TO ANNIHILATE PART OF THE LEBANESE PEOPLE' SINCE IT'S THE CLOSEST THING TO A REJECTION LEBANON'S HEZBOLLAH CHIEF SAYS WE ONLY CARE ABOUT A COMPLETE CEASEFIRE AND ISRAEL'S WITHDRAWAL FROM THE SOUTH HEZBOLLAH CHIEF SAYS CEASEFIRE MUST INCLUDE ALL OF LEBANON Lebanon's Hezbollah Chief: We refuse any link between our presence and a ceasefire or Israel's withdrawal.

ISRAELI MILITARY SAYS FIGHTING IN SOUTH LEBANON CONTINUES, WARNS LEBANESE RESIDENTS FROM MOVING SOUTH IDF: Continuing to fight in Lebanon south of Zahrani River