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Interest rates to stay 'very low, for a long time' leading economist tells PM -

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The pressure for Australia's big four banks to pass on lower interest rates may be around for some time.

A leading economist has told PM Australia's low interest rates will remain "very low, for a long time".

Warren Hogan says record low interest rates are helping to keep the economy afloat, but argues the "level of crisis" around the Australian economy is not fully understood.

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David Warner, self-funded retiree
Warren Hogan, economist