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AAP

Politics

Poppy Johnston

RBA governor calls for budget repair

RBA Philip Lowe Allegra Spender

Philip Lowe says the community hasn't worked out how to pay for what it wants from the government. (Lukas Coch/AAP PHOTOS) (AAP)

The federal government needs to find a way to pay for the services the community wants to get the budget out of the red, says the Reserve Bank of Australia.

RBA governor Philip Lowe outlined his concerns about fiscal policy during a parliamentary hearing on Friday.

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