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Government spends too much. Interest rates go up. How do we stop it?

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The Treasurer says it’s not his fault. The Reserve Bank has been caught napping. But it’s clear we are spending too much and going too slow on housing - and that’s why the RBA’s under huge pressure to lift the cash rate today. Economics editor Matthew Cranston is here with some straight talk.

View an edited transcript of this episode, plus photos, videos and additional reporting, on the website or on The Australian’s app.

Read more about this story at theaustralian.com.au and see the video by subscribing to our YouTube channel.

This episode of The Front is presented and produced by Claire Harvey with assistance from Lia Tsamoglou and edited by Jasper Leak. Our team includes Kristen Amiet, Tiffany Dimmack and Joshua Burton. Jasper Leak also composed our theme.

 
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