The Australian government will deliver a one-time payment to all households of 300 Australian dollars, or about US$200, to help offset rising living costs. "RBA on Track to Hike Further in August After May Inflation Spike -- Update," at 0453 GMT, incorrectly gave the figure as A$400, or about US$265.
(END) Dow Jones Newswires
06-26-24 0137ET
