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The Guardian - AU
The Guardian - AU
National
Antoun Issa

Afternoon Update: RBA boss defends job at Senate grilling; public school enrolments drop; and a sit-down with Lidia Thorpe

Reserve Bank of Australia governor Philip Lowe speaks during Senate estimates in Canberra
Reserve Bank of Australia governor Philip Lowe speaks during Senate estimates in Canberra. Photograph: Lukas Coch/AAP

Good afternoon. Interest rates will continue to rise, “but how far they need to go, we’re still unsure,” the Reserve Bank governor, Philip Lowe, told Senate estimates today.

Lowe was asked by the Greens senator Nick McKim why he should keep his job, amid growing criticism surrounding the Reserve Bank’s handling of the inflation crisis.

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