How to protect your savings and pension from UK inflation
Synopsis by Business Insider Aug 06 22
Costco has been charging $1.50 for a hot dog and soda since 1985. Warren Buffett's business partner loves the company's fierce commitment to value.Read full articleBusiness Insider: Costco won't raise price of $1.50 hot dog; Charlie Munger loves that
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| Last Updated | Aug 06 22 |
| Total Articles | 3 |
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How to protect your savings and pension from UK inflation: We look at some options for safeguarding your nest egg amid rising prices and interest rates
theguardian.com/money/2022/aug/06/protect-savings-pension-rising-uk-inflation-interest-rates
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How to protect your savings and pension from UK inflation: We look at some options for safeguarding your nest egg amid rising prices and interest rates
theguardian.com/money/2022/aug/06/protect-savings-pension-rising-uk-inflation-interest-rates
Basic allowance increases: many pensioners no longer liable to pay tax: Almost a quarter of a million pensioners will no longer have to pay tax this year ...
tagesschau.de/inland/rente-steuern-grundfreibetrag-100.html
Earnings Season Can Save the Bull Market From Inflation: US stock market valuations have expanded in the face of sticky inflation on the promise of big gains in ...
bloomberg.com/opinion/articles/2024-04-19/earnings-season-can-save-the-bull-market-from-inflation
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Abolishing pension triple lock would be ‘toxic’, ex-ministers warn: Keir Starmer has said he cannot guarantee it will be in Labour's manifesto - but experts ...
inews.co.uk/news/politics/pension-triple-lock-abolish-toxic-3004334
What the pension is really worth: Pensions and inflation: New figures show how the purchasing power of retirees has developed and when they have to pay taxes.
sueddeutsche.de/wirtschaft/rente-inflation-steuern-rentenversicherung-bundesfinanzministerium-1.6550248
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Don’t let your pension run out of money: Drawdown investors need to be prepared for high inflation or a market crash
ft.com/content/5bc699e9-7b9b-4cec-b646-0153a82e0173
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Vox analysis: Left-wing and older people voted particularly often for the 13th AHV pension
nzz.ch/schweiz/analyse-zur-ahv-abstimmung-linke-aeltere-und-aermere-stimmen-besonders-oft-fuer-hoehere-renten-ld.1827098
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Forecast for 2024: Pensioners pay almost 50 billion euros in taxes: Pensioners also have to pay taxes - the revenue for the tax authorities is significant ...
spiegel.de/wirtschaft/rentner-zahlen-fast-50-milliarden-euro-steuern-prognose-fuer-2024-a-ecf56b33-02c7-492b-99be-5ca085058761
He needs one more day on the roster for an MLB pension. Can the Braves help?: 67-year-old Gary Cooper of Savannah spent 42 days on the Atlanta Braves roster in ...
gpb.org/news/2024/04/12/he-needs-one-more-day-on-the-roster-for-mlb-pension-can-the-braves-help
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Quick Glance: Escalating Middle East Tensions Shake World Markets
- Reports of an Israeli attack on Iranian soil potentially dragging the Middle East into a deeper conflict have rattled world markets with geopolitical risks.
- Stocks fell, oil briefly rose over $3 per barrel, and safe-haven government bonds rallied.
- The heightened tensions bring fresh uncertainty and fuel concerns that high oil prices and potential supply disruptions will keep inflation high.
- Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
The Old Ladies' Revolution: Senior women sometimes celebrate great political successes with their protests. On the trail of the phenomenon of rebellious senior ...
news.at/a/revolution-der-alten-damen-13375509
ISS rebukes Buffett's Berkshire Hathaway over climate change, governance: A leading shareholder advisory firm recommended on Thursday that Berkshire Hathaway ...
reuters.com/business/iss-rebukes-buffetts-berkshire-hathaway-over-climate-change-governance-2024-04-18/
Decision of the Federal Social Court: This is why fathers are disadvantaged when it comes to pensions
spiegel.de/wirtschaft/soziales/rente-bundessozialgericht-vaeter-werden-benachteiligt-es-aendert-sich-aber-nichts-a-b4295258-ef20-4d37-ba7e-55fca951af89
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Social Security cost of living boost in 2025? Early estimate calls for 2.6% increase
freep.com/story/money/personal-finance/susan-tompor/2024/04/18/how-high-could-inflation-drive-social-security-cola-hike-in-2025/73327853007/
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
'Peak boomers' retiring without pensions to hit economy, Social Security: While more older boomers tend to have a pension, a looming wave of younger retirees are ...
businessinsider.com/how-retirement-of-peak-boomers-could-affect-economy-social-security-2024-4
Money latest: Should you pay your kids for good grades? Here's what psychologists think
news.sky.com/story/money-blog-news-latest-consumer-financial-inflation-employment-rights-maternity-leave-cost-of-living-13040934
Measly Riester earnings: cancel the contract quickly - or not?: The Riester pension has been under discussion for a long time. The first payout statistics do not ...
focus.de/finanzen/altersvorsorge/nur-132-euro-im-monat-mickrige-riester-ertraege-schnell-den-vertrag-kuendigen-oder-doch-nicht_id_259872708.html
Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
smh.com.au/property/news/should-you-wait-for-interest-rate-cuts-to-buy-a-house-20240418-p5fkv8.html
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...
dw.com/en/iran-israel-tensions-can-irans-economy-handle-a-war/a-68862368
Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
Robert loses his job at 60 and emigrates - he becomes successful in his new home: After losing his job at age 60, Robert Webber completely changed his life ...
focus.de/finanzen/karriere/karriere-mit-schokolade-robert-verliert-mit-60-job-und-wandert-aus-in-neuer-heimat-wird-er-erfolgreich_id_259853047.html
DWP benefits you can no longer claim: The State Pension Age is currently 66, but it is set to rise to 67 by 2028 and 68 by 2046
leicestermercury.co.uk/news/cost-of-living/dwp-benefits-you-can-no-9235244
'Little-known' HMRC tax relief rule that can boost pensions by more than £17,000: Hargreaves Lansdown is urging people to check if they can benefit from a ...
birminghammail.co.uk/news/money/little-known-hmrc-tax-relief-29001779
Homeless shelter in Eckernförde: Pensioner cannot pay rent and ends up in emergency accommodation
kn-online.de/lokales/rendsburg-eckernfoerde/obdachlosenunterkunft-eckernfoerde-rentnerin-kann-miete-nicht-zahlen-und-landet-in-notunterkunft-IAK3AGFNO5CUDE654KGN4H3IXU.html
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'Empty shelves' warning as Morrisons faces Cheshire warehouse strike: Hundreds of Northwich-based workers are being balloted amid row over pension changes
cheshire-live.co.uk/news/chester-cheshire-news/empty-shelves-warning-morrisons-faces-29027725
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
WASPI compensation delayed again as Parliament postpones bill: The proposed legislation was first presented by SNP MP Alan Brown and has cross-party support ...
bristolpost.co.uk/news/cost-of-living/waspi-campaigners-fury-compensation-delayed-9234552
Fitch rating agency criticises Belgium for pension costs, warns of potential downgrade
brusselstimes.com/belgium/1013672/fitch-rating-agency-criticises-belgium-for-pension-costs-warns-of-potential-downgrade
Payroll tax associations sound the alarm: More pension = high back payment? Warning of immense costs: Who this specifically affects
mz.de/mitteldeutschland/sachsen-anhalt/lohnsteuervereine-schlagen-alarm-mehr-rente-hohe-nachzahlung-warnung-vor-immensen-kosten-wen-das-konkret-betrifft-3828652
Colombian Fund Mangers Eye $750 Million Bonanza as Senators Tweak Pension Bill: Colombian lawmakers added a clause to a pension bill in congress that will allow ...
bloomberg.com/news/articles/2024-04-19/colombian-fund-mangers-eye-750-million-bonanza-as-senators-tweak-pension-bill
Pension funds brace for £30bn hit from Gove leasehold reforms: Investors believe the levelling up secretary’s overhaul of Britain’s 'feudal' ground rents system ...
news.sky.com/story/pension-funds-brace-for-30bn-hit-from-gove-leasehold-reforms-13118737
Pension System Reform: Consider How to Prevent Impoverishment in Old Age
japannews.yomiuri.co.jp/editorial/yomiuri-editorial/20240419-181369/
Woman makes common move to 'simplify' pension but it costs her £2,000: Rymyni Adams-Taylor, who hails from Birmingham, used a pensions provider to combine all ...
birminghammail.co.uk/news/cost-of-living/woman-makes-common-move-simplify-29026408
Here’s what a ‘fairness for every generation’ budget would have actually included
theglobeandmail.com/opinion/article-heres-what-a-fairness-for-every-generation-budget-would-have-actually/
Paid articlePaid Woman stumbles upon £100,000 lost pension and can now retire 10 years earlier: Good Morning Britain today (Friday April 19) spoke to one woman, Tara ...
birminghammail.co.uk/news/cost-of-living/woman-stumbles-upon-100000-lost-29025605
Pension consultant Karl-Heinz Andter now also helps digitally: When can I retire? How much money will I receive then? And how do I even read the pension ...
gn-online.de/grafschaft/rentenberater-karl-heinz-andter-hilft-jetzt-auch-digital-535259.html
Finland to stop paying pension top-ups to recipients abroad: The government has ruled that a supplement to the lowest pensions is a social benefit now limited ...
yle.fi/a/74-20084620
Court: Gov. Mike DeWine lacked authority to remove teachers' pension board member
dispatch.com/story/news/state/2024/04/18/appeals-court-rules-dewine-lacked-authority-to-change-strs-board/73373688007/
Changes in May 2024: Ticket tax, minimum wage and bio-diesel - an overview: From May 2024, things will be different in Germany. From flight ticket prices to ...
infranken.de/deutschland/aenderungen-im-mai-2024-ticketsteuer-mindestlohn-und-bio-diesel-ein-ueberblick-art-5859093
State pensioner left £5,000 short for six months and DWP gives £50 to say sorry: Merrick Ratcliffe eventually got an apology and nearly £5,000 in arrears from ...
birminghammail.co.uk/news/cost-of-living/state-pensioner-left-5000-short-29023250
Social safety schemes must serve the vulnerable: Government must address issues with its effectiveness and distribution
thedailystar.net/opinion/editorial/news/social-safety-schemes-must-serve-the-vulnerable-3589876
Canton Bern is one of the beneficiaries of the 13th AHV pension: Since the state taxes AHV pensions, in addition to pensioners, the federal government and ...
derbund.ch/kanton-bern-gehoert-zu-den-profiteuren-der-13-ahv-rente-638739473018
St Marys School teachers continue industrial action into Summer months: TEACHERS from an established Ascot boarding school have announced that strikes will ...
bracknellnews.co.uk/news/24262999.st-marys-school-teachers-continue-industrial-action-summer-months/
ANZ Bank in Talks With Australia Pensions on India Investments: ANZ Group Holdings Ltd. is in discussions with Australian pension funds about investing in ...
bloomberg.com/news/articles/2024-04-19/anz-bank-in-talks-with-australia-pensions-on-india-investments
Paid articlePaid Macquarie Climate Fund Gets $400m From Australian Pension UniSuper: UniSuper, one of Australia’s largest pensions, has committed up to $400 million to an ...
bloomberg.com/news/articles/2024-04-18/macquarie-climate-fund-gets-400m-from-australian-pension-unisuper
The European country where people of State Pension age get paid £5,200 per month: The UK State Pension is ranked 15th in Europe
manchestereveningnews.co.uk/news/cost-of-living/people-state-pension-age-receive-29017442
One million families missing £329 due to HMRC Child Benefit mistake: The number of people claiming child benefit has plummeted since the higher income charge ...
birminghammail.co.uk/news/cost-of-living/one-million-families-missing-329-29020123
Hoppy Kercheval: Why hasn't Tyke Hunt been fired? (Opinion): The city of Charleston recently announced that former Police Chief Tyke Hunt has been suspended and ...
wvgazettemail.com/opinion/op_ed_commentaries/hoppy-kercheval-why-hasnt-tyke-hunt-been-fired-opinion/article_cbeef60e-99c5-54ee-868d-697808476e4c.html
Pensions and retirement provision: How to escape old-age poverty?: Secure pension, good retirement provision: How to escape old-age poverty? Do real estate ...
noz.de/deutschland-welt/expertentalks/artikel/rente-und-altersvorsorge-wie-der-altersarmut-entkommen-46832048
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How to find loved ones' lost assets: A Scottish financial advisor is helping bereaved relatives find their loved ones lost assets one forgotten investment at a ...
heraldscotland.com/life_style/arts_ents/24263615.find-loved-ones-lost-assets/
Martin Lewis issues 'two week' pension warning and says 'I should say': The BBC Sounds and ITV star issued the rallying cry to his Twitter/X followers on ...
birminghammail.co.uk/news/cost-of-living/martin-lewis-issues-two-week-29018907
Pension points: Why fathers are worse off when it comes to pensions: Parental leave is paid into the parents’ pension account. Which parent benefits from this ...
wiwo.de/politik/deutschland/streit-um-rentenpunkte-wieso-vaeter-bei-der-rente-weiter-schlechter-gestellt-werden/29762160.html
Radio Schmitz says goodbye after 60 years: Altena's traditional shop closes after 60 eventful years
come-on.de/lennetal/altena/radio-schmitz-verabschiedet-sich-nach-60-jahren-93019375.html
Every free benefit available to pensioners and over 60s: We have rounded up a list of all the free benefits pensioners and those over the age of 60 are entitled ...
herefordtimes.com/news/24259513.every-free-benefit-available-pensioners-60s/
Sample calculation shows: This pension is possible with a monthly salary of 4500 euros
merkur.de/verbraucher/berechnung-rente-monatsgehalt-4500-euro-moeglich-rentenhoehe-rentenformel-zr-93007257.html
Ruling of the Federal Social Court: Discrimination against fathers in pension bonuses is legal
spiegel.de/wirtschaft/soziales/urteil-des-bundessozialgerichts-benachteiligung-von-vaetern-beim-rentenbonus-ist-rechtmaessig-a-a9efd5a9-0330-481d-b217-45347ebc2ee7
Bremen Citizenship: Citizens should contribute to parliamentary pensions: Does the pension provision of Bremen's representatives need a new basis - and if so: ...
weser-kurier.de/bremen/politik/bremische-buergerschaft-buerger-sollen-an-abgeordnetenrenten-mitwirken-doc7v1w0d1mmcl1khczlmem
DWP says millions can change State Pension payments from monthly to weekly: The DWP will let State Pension claimants get £221 a week under a change to their ...
birminghammail.co.uk/news/cost-of-living/dwp-says-millions-can-change-29019585
“I have no reason to go back”: Many German pensioners prefer to spend their retirement abroad
merkur.de/wirtschaft/rente-im-ausland-unter-palmen-ich-habe-keinen-grund-zurueckzugehen-93011643.html
Banker: “Pension funds are a complex black box for many of those involved.”: Only around half of the Swiss population is aware that their pension fund capital is ...
shn.ch/forum-meinung/forum/2024-04-18/banker-pensionskassen-sind-fuer-viele-beteiligte-eine-komplexe
The Wetzlar city archivist remains true to his passion: The hit song says: You never go completely. This also applies to Christoph Franke ...
mittelhessen.de/lokales/lahn-dill-kreis/wetzlar/seiner-leidenschaft-bleibt-der-wetzlarer-stadtarchivar-treu-3356044
The Savings Game: When to notify Social Security about starting benefits: The Savings Game: When to notify Social Security about starting benefits
rss.tribunecontentagency.com/websvc-bin/rss_story_read.cgi
Q1 2024 Credit Commentary - Will This Be The Year Credit Trends Reverse?: Muni yields have followed Treasury yields up, with liquidation of assets to cover tax ...
seekingalpha.com/article/4684415-q1-2024-credit-commentary-will-this-be-the-year-credit-trends-reverse
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Retire early? Study shows: People who work longer are happier: Staying in work instead of early retirement? A recent study suggests that people who are still ...
hna.de/wirtschaft/frueher-in-rente-studie-zeigt-wer-laenger-arbeitet-ist-gluecklicher-renteneintrittsalter-arbeit-zr-93012102.html
Berkshire Sells ¥263.3 Billion of Bonds With Tighter Spreads: Warren Buffett’s Berkshire Hathaway Inc. priced ¥263.3 billion ($1.71 billion) of bonds in the ...
bloomberg.com/news/articles/2024-04-17/berkshire-targets-narrower-spreads-on-new-yen-bond-deal-as-boj-bets-ebb
Paid articlePaid US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Federal Social Court on the crediting of child-rearing periods: Are fathers discriminated against when it comes to pensions?
spiegel.de/wirtschaft/soziales/bundessozialgericht-zur-rente-werden-vaeter-bei-kindererziehungszeiten-diskriminiert-a-9eb44b05-5cda-423a-ae26-858ee4da6146
Pensioner works six days a week so she can eat ice cream with her grandchildren: Although Heidi (65) has worked all her life, her pension is not enough for the ...
focus.de/panorama/welt/nach-lebenslanger-erwerbsarbeit-rentnerin-arbeitet-sechs-tage-die-woche-um-mit-enkeln-eis-essen-zu-koennen_id_259852046.html
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
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