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PM Calls Rate Hikes a ‘Blunt Instrument’ Ahead of Predicted Rise

Albanese says rate rises are a blunt instrument as Labor promotes a growth agenda ahead of another expected hike.

Summary by Brisbane Times
The prime minister has taken aim at the Reserve Bank, claiming rate hikes are a “blunt instrument” hurting people with mortgages.

4 Articles

WA todayWA today
Reposted by
Brisbane TimesBrisbane Times
Center

PM calls rate hikes a ‘blunt instrument’ ahead of predicted rise

The prime minister has taken aim at the Reserve Bank, claiming rate hikes are a “blunt instrument” hurting people with mortgages.

·City of Perth, Australia
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Sydney Morning HeraldSydney Morning Herald
Reposted by
The AgeThe Age
Lean Left

Albanese distances Labor from RBA, calls rate hikes a ‘blunt instrument’

The under-pressure prime minister spoke candidly about the treacherous domestic and global political environment as the Reserve Bank prepares to hike rates.

·North Sydney, Australia
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Bias Distribution

  • 75% of the sources lean Left
75% Left

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Sydney Morning Herald broke the news in North Sydney, Australia on Friday, October 30, 2026.
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