RBA governor's $2 million home purchase sparks debate

Reserve Bank of Australia governor Michelle Bullock faces criticism after settlement of a $2 million holiday home purchase occurred on the same day the RBA announced an interest rate hike. The property, her fourth luxury home, was actually purchased in February with settlement coinciding with the rate rise announcement. Debate centres on whether high-earning public officials should face scrutiny for luxury property purchases during a cost-of-living crisis, with some arguing attention should focus on government economic management rather than individual spending decisions.

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