Rates to impact growth outlook: Chalmers

By Colin Brinsden, Aap Economics and Business Correspondent
Updated May 25 2022 - 3:36pm, first published 3:31pm
Economists had expected an increase in construction work after a downturn in the previous quarter.
Economists had expected an increase in construction work after a downturn in the previous quarter.

New Treasurer Jim Chalmers has warned rising interest rates will have an impact on the economic growth outlook as the Reserve Bank of Australia tries to rein in ballooning inflation.

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