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SYDNEY (Reuters) – Australian central bank governor Philip Lowe said Thursday that he wants the newly re-elected government to have a strong program to boost investment and jobs.
The Reserve Bank of Australia (RBA) has lowered its interest rates twice since June to an unprecedented low of 1% and has repeatedly called on the government to provide budget support to support growth and growth. 'inflation.
Lowe was answering questions after a speech on "targeting inflation and economic well-being" in Sydney.
Report by Wayne Cole and Swati Pandey; Edited by Kim Coghill
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