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Albanese’s election plans hinge on rate cut for mortgage belt

Peter Dutton urges the Reserve Bank of Australia to cut rates by 25 basis points, stating that Australians need relief after 12 interest rate hikes under the current government.
Labor MPs, including Sam Rae, call for a rate cut, noting that homeowners have suffered under previous rate hikes.
Treasurer Jim Chalmers expresses cautious optimism about a rate reduction while emphasizing ongoing work on cost of living issues.
Union leaders, represented by ACTU's Sally McManus, demand immediate action from the RBA, emphasizing the negative impact of high rates on struggling Australians.

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Sydney Morning Herald

Albanese’s election plans hinge on rate cut for mortgage belt

Mortgage holders and businesses are hoping for an interest rate cut on Tuesday. Anthony Albanese wants it even more.

5 days ago·Sydney, Australia

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cootamundraherald.com.au

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How much will your mortgage payments drop if the RBA cuts?

Cost of living relief would be welcome.

Dutton prays for rate cut as RBA enters conclave

Economists say a major reduction in mortgage rates this year is unlikely, even though the Reserve Bank board...

5 days ago·Canberra, Australia

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News

Dutton and Labor MPs break ranks to urge the RBA to cut rates

Peter Dutton has broken ranks to urge the Reserve Bank to cut rates by 25 basis points this week, warning that “Australians need relief”.

5 days ago

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tickernews.co

Peter Dutton hopes for RBA interest rate reduction soon

Dutton urges interest rate cut as RBA meets, but economists warn of limited relief amidst strong economic conditions. In Short Peter Dutton is urging the Reserve Bank of Australia to lower interest rates as economists predict a potential cut after four years. Concerns remain about the impact of government spending on inflation and living costs, while the current government highlights economic progress amid cautious expectations for modest rate r…

5 days ago

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swmdigital.io

Peter Dutton calls for interest rate cut relief

Opposition Leader Peter Dutton says he ‘hopes’ tomorrow will bring an interest rate cut, ‘for the sake of Australians who have had 12 interest rate increases’ under Anthony Albanese.

5 days ago

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