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Reserve Bank s Michele Bullock claims renters are better off than they were two years ago despite high inflation and rising rents

Australia s renters are doing better than they have for two years and have more cash available to spend than people with a mortgage, the new Reserve Bank governor says. But is she right?

Inflation remains high at 5 4 per cent sparking fears of a Melbourne Cup rate rise

Australian inflation remains high, sparking fears of a Melbourne Cup Day interest rate rise. The consumer price index of 5.4 per cent in the year to September was high.

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