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Economic growth buoyed by booming energy exports and robust consumer spending has paved the way for the RBA to tighten policy further as it fights inflation.
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The economist who called for RBA governor Philip Lowe to resign admitted it would be a “disaster” for the economy, but he is not alone in calling for board members to go.
The RBA saw historically low unemployment as a significant achievement. But the jobless rate will put pressure on Philip Lowe to join the rush for super-sized rate rises.