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Alan Kohler, ABC Finance Commentator, and founder of the Eureka Report joined Philip Clark on Nightlife to give his take on current economic conditions.Alan believes the RBA kept the cash rate on hold today so they can sit back and see what's happening and believes they won't raise rates again. While there might not be a technical recession due to the levels of immigration, people are going through their own personal recession as the cost-of-living spirals out of control and inequality widens. Alan took your calls on a range of economic issues including wages, cost of living, interest rates and mortgages.
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