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Inflation CFMEU and the ALP, page-19

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17/07/24

11:42

Post #: 74791422
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Originally posted by Dirtbags: ↑

if you want to blame the rba and not the government, lowe left almost a year ago - why hasn't the labor appointed governor gone harder on interest rates? this government has a spending problem. as has been pointed out previously, the government has many options to rain in inflation and if they don't use these options, they force the rba to use the only lever it has. i do not blame the rba for this mess & i think it was disgusting how phillip lowe was treated, on the other hand, bullock hasn't made any meaningful improvements either. again, not that this is her fault.

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I should not have said “real responsibility” but PL was so far off the mark with his call on interest rates it was a factor in people entering the housing market. At this stage I am undecided about the current RBA board, The current government is totally incompetent and the sooner they are thrown out the better
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