Pressure mounts on government to curb spending after fifth RBA rate rise | ABC NEWS
Pressure has intensified on the federal government to slash spending to rein in inflation after the RBA made five interest rate hikes in one year.
ABC RN Breakfast political correspondent Melissa Clarke says federal and state government spending are contributing to inflation alongside soaring fuel prices driven by the war in the Middle East.
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Read more here: https://www.abc.net.au/news/2026-11-04/reserve-bank-australia-origins-of-inflation-target-2-3-per-cent/107322960
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