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RBA rate rise: Economist explains the link between AI, inflation and Australia’s economy

RBA rate rise: Economist explains the link between AI, inflation and Australia’s economy

Published 1 month, 1 week ago
Description
The Reserve Bank of Australia has raised interest rates for the fourth time in 2026, while pointing to the AI boom as one factor contributing to inflation. Economist Dr Kushneel Prakash says Australia needs to prepare to embrace AI 'responsibly' while ensuring it helps boost productivity.

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