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Mortgage holders the pawns in RBA’s inflation battle

August 12, 2024 - 12:00 -- Admin

Ross Gittins argues that the Reserve Bank of Australia’s (RBA) “blunt” war on inflation has been borne primarily by households with mortgages, who have been sacrificed on behalf of the economy: As research by Associate Professor Ben Phillips of the Australian National University has confirmed, the much-lamented cost-of-living crisis has been imposed on households with

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