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ANZ abandons call for RBA rate hikes next year

ANZ Bank has abandoned its call for the Reserve Bank of Australia (RBA) to begin lifting official interest rates next year, driven by an expectation that Australia’s housing market downturn will now be longer and larger than previously thought.

ANZ Bank has abandoned its call for the Reserve Bank of Australia (RBA) to begin lifting official interest rates next year, driven by an expectation that Australia’s housing market downturn will now be longer and larger than previously thought.…

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