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AAP
AAP
Politics
Jacob Shteyman

FORGOTTEN HISTORY: Housing slowdown sharper than treasury forecast cba | History Defined

Michele Bullock doesn't think Australia faces the double whammy of high inflation and poor growth. (Aap/AAP PHOTOS)

Australia's economy is going into a slowdown, which will eventually bring inflation under control.

That is the view of the Reserve Bank after officials appeared before a senate estimates hearing on Thursday, where they said a decline in momentum in economic growth was not a surprise.

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