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Why Australians are hurt most by higher interest rates

April 13, 2024 - 00:30 -- Admin

By Gareth Aird, head of Australian economics at CBA: Key Points: The transmission of monetary policy in Australia to the household sector and by extension the broader economy is much more direct and potent than in most other major jurisdictions, particularly when compared to the US. A report released by the IMF on 8 April

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