RBA interest rates: Government spending to hit record levels next year, delaying rate cuts

Westpac estimates state and federal government spending will hit 28 per cent of GDP by the end of 2025, up from the pre-pandemic average of about 22.5 per cent.

RBA interest rates: Government spending to hit record levels next year, delaying rate cuts

RBA interest rates: Government spending to hit record levels next year, delaying rate cuts

RBA interest rates: Government spending to hit record levels next year, delaying rate cuts

RBA interest rates: Government spending to hit record levels next year, delaying rate cuts
RBA interest rates: Government spending to hit record levels next year, delaying rate cuts
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