Australia’s interest rate addiction

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In much of the rest of the world, the month-to-month moves of interest rates by central banks are not something that rates much of a mention around the proverbial equivalent of the backyard BBQ.

Yet in Australia, moves in interest rates are monitored as if they were part of the national sporting pastime and a life-and-death struggle.

Looking at the numbers from the International Monetary Fund (IMF), it’s rather clear why.

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About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.