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Unformatted text preview: monetary policy, which means increasing interest rates. At this current moment, the RBA is using mildly restrictive stance of monetary policy leaving the interest rates unchanged at 4.75%. However, it is speculated that inflation rates will increase due to the expansion of the Australian economy hence increases in interest rates will be likely....
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This note was uploaded on 03/05/2012 for the course ACCT 2542 taught by Professor Knapp during the Three '11 term at University of New South Wales.
- Three '11