Workers walk past the Reserve Bank of Australia building in Sydney. Source: AP / Rick Rycroft
The federal government says it will not introduce new cost of living measures, despite a $19 billion budget surplus. Meanwhile, the decision to pause interest rates isn't expected to provide much relief to struggling households, as the cash rate remains at the highest level in 11 years.
The federal government says it will not introduce new cost of living measures, despite a $19 billion budget surplus. Meanwhile, the decision to pause interest rates isn't expected to provide much relief to struggling households, as the cash rate remains at the highest level in 11 years.
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