Politics latest: RBA says Labor’s deposit scheme to ‘push house prices up’; Warning for Optus over fatal failure

The Reserve Bank says the government’s expanded first home owner scheme is set to put upward pressure on prices, while the outlook for economic growth is uncertain; Optus has been threatened with ‘significant consequences’ for its network failure.

Governor of the Reserve Bank of Australia (RBA), Michele Bullock during the House of Representatives Standing Committee on Economics at Parliament House in Canberra. NewsWire / Martin Ollman

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