| Good afternoon, The Reserve Bank held interest rates steady at 4.35 per cent, warning big-spending governments may have thrown inflationary fuel on the fire as the central bank admitted to "discussing the case" for a rate hike. Around 500 jobs are on the line as HS Foods, a farming business which supplies fresh food and salads to Coles and Woolworths, entered administration, with employees' futures now dependent on a successful restructure or sale of the business. Shares in Beach Energy, the oil and gas company majority owned by billionaire Kerry Stokes, dropped 2.2 per cent after the company announced it will slash spending to deliver on its promise to become Australia’s leading domestic energy group. | 
