No V, no U – we’re now in Swoosh territory – Sydney Morning Herald

Based on the RBA’s own standard for such a move inflation “sustainably” back within the bank’s 2-3 per cent target band and full employment children entering high school this year might not see rates above 0.5 per cent by the time they are at university.
Not that there will be a lot of children around.
So dire is the situation, bank assistant governor Luci Ellis reckons young people won’t be able to afford to get married or move in with a loved one. This is a recession destroying our economy a…

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