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Kolher: Hike rates and consumers will enter death spiral

September 25, 2017 - 00:39 -- Admin

From Alan Kolher today: Reserve Bank governor Philip Lowe and his board are approaching the biggest decision since the RBA gained full independence in 1996 and started making its own decisions. …why is that such a big deal this time? Because household debt is 190 per cent of income and we’re in the midst of

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