November 1, 2026

The Australian News

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Govt under budget pressure as borrowers brace for interest rate pain | ABC NEWS


The government has refused to promise net savings in its December budget update, even as pressure mounts to rein in spending amid high inflation.
Borrowers are bracing for impact ahead of a widely-expected rate hike when the Reserve Bank meets in November.
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Read more here: https://www.abc.net.au/news/2026-11-01/katy-gallagher-wont-promise-myefo-net-savings/107333248

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