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Inflation rose to 4.3% in the year to September, driven by housing and transport costs. Markets now overwhelmingly expect the Reserve Bank to hike interest rate…
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If you have a system that requires unemployment to function why don't we adequately support those who are unemployed. Raise the rate! Neoliberal governments are cruel
The media or the RBA never talk about demand destruction. Isn't that he only way to drive down inflation, since interest rates are a blunt instrument isn't that exactly what it is meant to do. I guess the economy is so uneven that ordinary wage works are going to get hammered no matter what.
CommBank: Expects the RBA to hold rates at its November meeting. Why?
……Australia is financially broken under incompetent labour………
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