Thanks Kacy,
Keating deregulated the Banks and scrubbed S.R.D.s so International Banks could compete in our Country. Howard agreeded!
The extra money supply then caused the Interest Rates to Jump as the new System of using Interest Rates went into Full Swing to try and combat a Jump in Fuel Prices which was causing Inflation just as is the case now, therefore our Country has this problem Again. Besides reinstating S.R.D.s to the RBA ,the Government should cut the Exsise Tax on Fuel, even if short Term in an effort to stop the RBA increasing Interest Rates.
The RBA should put a sock in its mouth about Interest Rates and talk about the Inflation effect of Fuel Exercise.
A very concerned ,
moly
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