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The RBA's post-COVID rate hikes caused Australians to work more
The International Monetary Fund found that thousands of Australians took on a second or third job when the RBA hiked rates rapidly in 2022 and 2023. It expected the opposite.
First seen · 6:44 PM UTCMay 9, 2026
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Also on this date in history
All →2023
The May 9 riots following the arrest of Imran Khan in Pakistan.
Milestone2022
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Politics2020
The COVID-19 recession causes the U.S. unemployment rate to hit 14.9 percent, its worst rate since the Great Depression.
Milestone