Quarterly inflation rose by one per cent, broadly in line with the RBA's forecast. And that's welcome relief for the Albanese Government, with an RBA rate rise next Tuesday now highly unlikely. But when are we likely to see interest rates cut?

And the Prime Minister announced his Government's first Cabinet reshuffle on Sunday, and while it wasn't a major overhaul it went beyond a modest shake-up. Senior Minister Tony Burke took the Migration and Home Affairs portfolios, in what's been deemed a 'super-portfolio', while some other Minister's were moved sideways.Ian Verrender, ABC Chief Business Correspondent joins Fran Kelly and Patricia Karvelas on The Party Room.

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