Reserve Bank Under Fire Over Spending 29/08/2023

The Reserve Bank is under fire for spending tens of thousands of taxpayer dollars on food and booze while the nation grappled with a worsening cost-of-living crisis.

Victoria’s total debt is predicted to hit a shocking $226bn by 2026-27, putting the state’s credit rating at greater risk.

Qantas boss Alan Joyce and his top executives have been forced to admit the airline owes at least $150 million more in flight credits to ­customers than previously ­estimated.

Three days of tense negotiations between the SA teachers union and the government are set to commence on Tuesday ahead of a planned strike.

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