Labor says rate rise highlights PM’s shredded credentials but Morrison insists it’s part of pandemic journey

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Labor says rate rise highlights PM’s shredded credentials but Morrison insists it’s part of pandemic journey
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Scott Morrison says Reserve Bank has ‘made a very important statement about where we are now in our journey out of this pandemic’

“There is also evidence that wages growth is picking up. Given this, and the very low level of interest rates, it is appropriate to start the process of normalising monetary conditions.”

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