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TODAY'S jobs report is unlikely to soothe the Reserve Bank of Australia's (RBA) inflation concerns - worries many economists expect will lead to another interest rate rise next month.
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CBA defends rate hike, more possible
THE Commonwealth Bank of Australia (CBA) has defended its decision to raise mortgage rates by more than last week's central bank rise, saying it may have to do it again.
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Share market rallies, banks up
THE Australian share market opened higher today, taking a positive lead from the US overnight, with key banking stocks rising.
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Inflation seen at 4.5 per cent
THE majority of Australians believe recent rate hikes by the central bank will fall short of what's needed to bring inflation back to acceptable levels, new figures suggest.
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