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5 Jul 2023

Enjoy it while you can: July’s RBA rate pause is likely to be fleeting, unless a lot goes right

Other developments may work in our favour too. Wage growth may not accelerate excessively and companies may not be overly greedy in what Lowe dubs their “price-setting behaviour”.

If we’re dependent on companies not continuing to be greedy and increasing prices to keep boosting profits then we’re in trouble.

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