The Reserve Bank of Australia has issued a warning to shareholders and property investors, saying rising interest rates could trigger large falls in shares, property prices and the economy.
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Australia news LIVE: 2022 election date set to be called; UN votes to suspend Russia from Human Rights Council; wild weather continues in NSWRussia has been suspended from the United Nations human rights body, and Australia’s big four banks have signalled that interest rates will be hiked repeatedly in the six months following the election.
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Election must not influence RBA’s timing of interest rate risesThe Herald's View: The Reserve Bank should have no compunction raising interest rates next month if that is best for the economy
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