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Ian Verrender
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- 1RBA engineering an economic slowdown, but at what cost?●RBA is engineering an economic slowdown but at what cost? Ian Verrender explains | The Business
The Reserve Bank of Australia's interest rate hikes are deliberately slowing the economy to bring down inflation, and ABC business editor Ian Verrender examines the price households and businesses are paying for that policy. His analysis looks at rising mortgage costs, slowing growth and mounting pressure on borrowers, and questions whether the central bank's approach is doing more harm than good.