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Australia's Treasurer says global factors—not government spending—are mainly driving high interest rates.
Australia's Treasurer has urged the public not to blame government spending for high interest rates, stating that external economic factors, such as global inflation and central bank policies, are the primary drivers.
The comments come amid ongoing debate over fiscal responsibility and rising borrowing costs, with the Treasurer emphasizing that domestic spending alone does not dictate interest rate levels.
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El Tesorero de Australia dice que los factores globales, y no el gasto público, son los que están impulsando las altas tasas de interés.