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Rate rise upsets housing, retail groups

Housing and retail industry groups have voiced concerns with today's interest rate rise suggesting it was counterproductive to a housing recovery, damaging to household budgets and devastating news for retailers.

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Perth
I quote ... your own words...... "Housing and retail industry groups have voiced concerns with today's interest rate rise suggesting it was counterproductive to a housing recovery" Are you kidding... a housing recovery.... what do you think has been happening over the last few years. Better use of words would have been counterproductive to digging for oil under all the residential blocks.

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