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Inflation Australia: Spending by state and federal governments under Liberal and Labor has pumped money into the economy and made the RBA's job harder

A ratcheting up in spending by federal and state governments under Liberal and Labor has pumped more money into the economy and made the RBA’s job harder.

Before the Bell: Oil tumbles, gold slips; Wall Street turns lower

Australian shares are set to open up. US stocks attempt afternoon rally. Brent falls below $US80 a barrel. NAB, Orica and Xero to release earnings results.

Former RBA Board member on ways to lower Australian inflation (& why RBA will hike today)

Greens propose tax on big four banks and Macquarie to net $4.8b

The Greens say banks received too much financial benefit from cheap pandemic era funding from the RBA, but governor Michele Bullock says it helped consumers.

RBA faces mounting losses and calls for emergency capital injection

The RBA has reported significant financial losses, now amounting to some $43 billion, resulting from its extraordinary pandemic stimulus measures. These.