Higher rates and lower growth: Tough times ahead for whoever wins election with not just housing on the line - ABC News

Taming inflation without tipping the economy into a severe recession will be no easy task for the leader who assumes power after the May 21 federal election, writes business editor Ian Verrender.

It was a sober reminder of just who calls the shots. Shortly after the first interest rate hike in more than a decade, Treasurer Josh Frydenberg  alongside Prime Minister Scott Morrison stood before… [+7586 chars]

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