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Treasurer says Labor has more work as borrowers face high rates

The treasurer says the government needs to tighten its belt as inflation remains high, while interest rates may stay elevated until late 2027.

Written by AI from 2 sources

  • The treasurer says the government has more work to do to tighten its belt as inflation runs high. Business News

  • Borrowers may not see interest rates start falling until the end of 2027, according to the treasurer. Business News

  • Interest rates are expected to rise and could remain high until late 2027, while Labor faces claims that government spending is to blame. The West Australian