The budget could push rates higher faster, economists predict
The RBA’s first rate hike could take the interest rate 0.4 per cent higher on the back of a generous budget cash splash.
The RBA’s first rate hike could take the interest rate 0.4 per cent higher on the back of a generous budget cash splash.
“We have overcome the biggest economic shock since the Great Depression. Our recovery leads the world,” Treasurer Josh Frydenberg said on Tuesday evening.
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