Australia's big four banks have announced an increase in interest rates after the Reserve Bank of Australia (RBA) raised the cash rate from 4.1% to 4.35%, marking the third consecutive hike. Banks including Commonwealth Bank of Australia (CBA), National Australia Bank (NAB), Westpac, and ANZ will implement a 0.25% increase for their variable home loan customers starting May 22. This decision comes as part of a broader economic strategy amid rising inflation concerns. In a separate development, the Australian government will allocate $74 million in the upcoming federal budget to establish a national center aimed at detecting and disrupting online violent extremism and terrorism, a response to the Bondi terror attack in December. Meanwhile, a controversial pro-Palestinian forum discussing the phrase 'globalise the intifada' was held in a park in Darlington, Sydney, after a council venue booking was canceled. The event, attended by dozens and covered by media, included discussions on legal challenges to the ban on the phrase, which has sparked significant debate in the region. New South Wales Premier Chris Minns indicated that any potential ban on the phrase would depend on the outcome of a constitutional challenge in Queensland.