Former RBA governor blasts Albanese government’s high spending
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News24 host Sharri Markson discusses former RBA governor Phillip Lowe blasting the Albanese government for high spending that's putting pressure on inflation. “He's blasting the Albanese Government for its high spending that's putting pressure on inflation and leading to a higher cash rate,” Ms Markson said. “There's been 16 rate rises under the Albanese government, four this year alone, adding around $30,000 to the average mortgage.”
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