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monetary policy

The cold, hard truth about interest rates

by Aussie Blog March 9, 2010

Interest rates are arguably the most important issue facing Australian homeowners.
However there is much confusion about who controls interest rates, what factors influence rates and how this affects mortgage repayments.

Does Wayne Swan control interest rates?
No Wayne Swan does not control interest rates. Nor does Tony Abbott.
So who does?
The cash interest rate is decided by the [...]

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