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Unfortunately, with unemployment at a low 4% (surprising with immigration being so high) the treasurer is relying on businesses going bust to work against their fiscal spending policies.Meanwhile... on another planet
Several economists have warned that Australians will be hit by two more rate rises before the end of the year, all while homeowners were hoping that rates would start to go down instead.
It comes as the Reserve Bank of Australia (RBA) is making another decision on interest rates on Tuesday at 2.30pm AEST.
While experts are in agreement that this afternoon’s decision will keep rates paused at 4.35 per cent, there’s other bad news on the horizon.
Whose we sucker???? Clint EastwoodUnfortunately, with unemployment at a low 4% (surprising with immigration being so high) the treasurer is relying on businesses going bust to work against their fiscal spending policies.
Latest figures show a 36% increase in the number of companies entering administration, so their fiscal policies are working. We just need to avoid the resulting recession.
We is you and me and a dog called blue.Whose we sucker???? Clint Eastwood
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