The Loop: Another interest rate rise, first bill passes new parliament, a double defamation and a giant sinkhole

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Interest rates have risen … againThe Reserve Bank has raised the cash rate target by half a percentage point from 1.35 per cent to 1.85 per cent.

"The board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time," he said. Much of the bill that passed the Senate today was introduced by the former Coalition government before lapsing at the election

 

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The portal to hell has been open for some time, hell is empty and all the devils are here

Is that where the Australian economy is ,in that sink hole. Should be filled with a few lousy so called economic managers.

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