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Australian households are facing ‘higher interest rates and higher inflation’ English Headline


Deloitte’s Dr Pradeep Philip says Australian households are facing “higher interest rates and higher inflation”.

“Bread and butter budgets need to both deliver on election commitments but also reform,” Dr Philip told Englishheadline Australia.

Dr Philip says stimulus right now would put unwanted pressure on the Reserve Bank.

“What we need is a considered way of dealing with the structural issues of the economy that have been there for quite a while but have been left unattended.”



English Headline

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