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Albanese Slams RBA Rate Hikes as Blunt Mortgage Tool

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  • Prime Minister Anthony Albanese calls Reserve Bank of Australia rate hikes a blunt instrument that hurts mortgage holders.
  • Albanese says Labor will not cut pensions, education or health in the upcoming budget update.
  • He promises savings and a growth agenda centered on EU trade deals and the energy transition.
  • Albanese cites AI, data centres, critical minerals and skills subsidies as key growth levers.