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Essential Report: rising interest rates are not hurting the government … yet

Australian Politics

00:00

The Cost of Living Battle?

This is really the first sort of live-action, kind of inflation cycle that the bankers overseen. And in a way, stimulus is easier politics because it's who you'll throw money at to keep economy going. Whereas with monetary policy and interest rates, it does hit hard. So we've got an April Fool's by-election in Aston, right? In the Eastern suburbs of Melbourne. This is bang. The Comic Writers are out of the journey. Truly.

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