13-04-2023, 06:55 PM
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Australian Household incomes 'at risk of collapse' due to high inflation, rates
13-04-2023, 06:56 PM
The Commonwealth Bank's chief economist, Stephen Halmarick, said there are signs the economy will struggle to cope in the second half of this year, reports The Sydney Morning Herald.
He warned the Reserve Bank of Australia (RBA) may have to begin slashing interest rates by the end of the year because the economic downturn is likely to cause a big fall in inflation and about 150,000 extra people out of jobs.
He warned the Reserve Bank of Australia (RBA) may have to begin slashing interest rates by the end of the year because the economic downturn is likely to cause a big fall in inflation and about 150,000 extra people out of jobs.
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13-04-2023, 11:07 PM
And still want to bring in more immigrants?
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