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Australia's Government Considers New Inflation Relief Measures
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Australia's government is considering additional inflation relief measures to help struggling households. The Reserve Bank of Australia has raised interest rates to combat inflation. Prime Minister Anthony Albanese also discussed trade impediments with China and the potential for a federal election in May 2025.
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How might the government's discussions with China affect trade relations and the economy?
How might the new cost-of-living relief measures impact the Australian economy?
What are the potential consequences of raising interest rates to combat inflation?
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