Finance Minister Nicola Willis signals worsening inflation forecasts, with no clear central scenario from Treasury

QV CostBuilder says excavation costs up 7.8% in March due to higher diesel prices - other work involving heavy equipment also facing cost pressures

Reserve Bank chief economist Paul Conway says supply shocks are not easy for central banks and the Monetary Policy Committee will need to make ‘some finely balanced judgments’

Iran conflict developments haven't improved, with Trump repeating his threat to obliterate Iranian infrastructure unless the Strait of Hormuz is reopened. Market further unwinds Fed hike bets; Chair Powell reiterates policy on hold