Canberra Must Make the Hard Decisions Now to Control Inflation

Canberra Must Make the Hard Decisions Now to Control Inflation
Telstra shop in Rundle Mall services a customer in Adelaide, Australia, on July 21, 2021. Kelly Barnes/Getty Images
Graham Young
Updated:
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Commentary

Reserve Bank of Australia (RBA) governor, Philip Lowe, has fired a warning shot over the bow of the federal treasurer by raising official interest rates another quarter of a percent this week to 3.85 percent.

Graham Young
Graham Young
Author
Graham Young is the executive director of the Australian Institute for Progress. He is the editor and founder of OnlineOpinion.com.au and has conducted qualitative polling on Australian politics since 2001. Mr. Young has contributed to The Australian newspaper, The Australian Financial Review, and is a regular on ABC Radio Brisbane.
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