paywalled version

https://www.afr.com/policy/economy/everyone-thinks-the-rba-is-done-they-re-wrong-20260614-p606om

The cash rate needs to rise to at least 5 per cent to have any chance of sustainably returning inflation to target. If it’s not 5 per cent, then it’s something closer to 6 per cent.

The inability to contain inflation over the past two years should have taught the RBA that the real cash rate needs to be much closer to our potential growth rate, which we know is 2 per cent annual economic growth.

I disagree with the premise of the headline but I agree with the article

(to clarify that's with the orthodoxy of which we live , which i disagree with completely as in anyway sane )

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