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AAP
AAP
Politics
Maeve Bannister and Andrew Brown

Retirees need 'a fair go' from banks: PM

The Morrison government is on the defensive after the first interest rate rise in more than a decade (AAP)

Retirees must be given "a fair go" by the banks for staying loyal during the pandemic, the prime minister says.

Announcing a freeze to the deeming rate for almost 900,000 social security recipients, Scott Morrison said self-funded retirees had been "doing it tough" in the past two years.

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