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Treasurer Wayne Swan says rates can”t stay at emergency lows forever | Business Breaking News | News.com.au

(CFD.net.au – Contract for Difference, Share, Forex, ETFs, Commodities Traders) - The Reserve Bank for the fourth consecutive year on Melbourne Cup day has blunted celebrations hitting borrowers with a further 25 basis point increase in the cash rate to 3.50 per cent. “Today’s decision is a tough one for Australian families and businesses but it’s also another indication… ... [Read more]