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RBA on collision course with government on interest rates

September 28, 2024 - 00:15 -- Admin

Treasurer Jim Chalmers recently claimed that the RBA was “smashing the economy” by keeping interest rates high. On Tuesday, the RBA kept the official cash rate on hold at 4.35% and warned that rates are unlikely to come down this year. The RBA acknowledged that headline inflation will fall below the target on the back

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