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Political factors won’t divert RBA from its inflation goal

Readers’ letters on the Reserve Bank’s policy goals; Victoria’s short-term rental tax; bypassing university; Qantas service; and gas in the energy transition.

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Peter Downes provides a good explanation of why the Reserve Bank’s 2 to 3 per cent medium-term inflation target remains a sensible policy goal (“RBA isn’t hammering anything – it’s kept stability for decades”).

The Reserve Bank’s track record suggests its decisions will be driven by data, not politics.  David Rowe

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    Original URL: https://www.afr.com/policy/economy/political-factors-won-t-divert-rba-from-its-inflation-goal-20240910-p5k9ck