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Sydney, Australia - December 6, 2015: Reserve bank of Australia silver text on the black stone wall in front of its office building in Sydney central business district. There is no people in the photo. This photo is taken in the afternoon.
Business

Bleak reason RBA ‘not going to raise rates’

Bracket creep took $41 billion out of household budgets over the last two years, with independent economist Warren Hogan explaining the massive reduction in consumer spending power now meant further interest rate rises were unlikely.

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