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The Reserve Bank has surprised economists and financial markets by leaving interest rates unchanged at 3.85 per cent, defying expectations of a third quarter-point cut in the current easing cycle, despite inflation staying within its target range.

Meanwhile, Lifestyle Communities may appeal a legal decision that voided its charging of hefty exit fees. The fall-out across the industry may be limited as its model was unique, but tougher rules are expected to protect seniors.

Mineral Resources is reconsidering its plan to part ways with managing director and co-founder Chris Ellison over his involvement in an offshore tax scheme, misuse of company resources and related party dealings.