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Tax cuts won’t push rates up, says PM

September 16, 2018
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Budget tax cuts won’t put pressure on interest rates, says JohnHoward, contrary to some economists’ predictions. – (Sydney Morning Herald — 11 May, 2005)
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John Howard says he doesn’t ‘believe for a moment’ the government’sbudget is inflationary but can’t offer a rates guarantee. – (The Age — 11 May, 2005)
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The Government’s Budget was not inflationary or put upward pressure on interest rates, Prime Minister John Howard said today. (The Australian — 11 May, 2005)
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Prime Minister John Howard has rejected suggestions made byeconomists that a $21.7 billion package of income tax cuts willpush up interest rates. – (Sydney Morning Herald — 11 May, 2005)
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Prime Minister John Howard has refused to give an iron-clad guarantee on delivering measures outlined in the Budget but says he has every intention of seeing them through. (The Australian — 11 May, 2005)
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Interest rates are likely to stay steady, despite the latest newsthat the job market remains strong. – (Sydney Morning Herald — 12 May, 2005)
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The Australian bond market has closed mixed, although bonds lostsome value after continued impressive jobs numbers. – (Sydney Morning Herald — 12 May, 2005)
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Our great country is about to enter the second decade of conservative rule. History will mark 1996 to 2006 as the Liberal-National Government’s decade of deception. (The Australian — 13 May, 2005)
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