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RBA interest rates: Reserve Bank of Australia leaves official cash rate steady at 4.1% (www.theguardian.com)
submitted 1 year ago by Mountaineer@lemmy.world to c/australia@aussie.zone
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[-] almightyolive@aus.social 5 points 1 year ago

@Instigate @Mountaineer they really need the federal government to get off their collective arses and do something instead of hiding behind the RBA and the blunt cash rate stick.

Shit like Air-BNB eating into housing stock, corporations passing on rate rises wholesale to ensure record profits, or even reneging on the tax cut promise.

But the government is happy for Philip Lowe and the RBA to cop the brunt of it (some of it is deserved, admittedly)

this post was submitted on 04 Jul 2023
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