its about time that government recognizes the fact that our domestic market is not entirely the sole cause or the only reason for high inflation environment in Australia.
Surely the Reserve bank can't control the global inflation as a result of food and energy shortage.
it is unfair for our country man to loose their home and be forced to go to shelter as a result of high interest rates and high prices in general.
I am surprised that the 2-3% band can't be adjusted to 3-4% band when in real terms no amount of interest rises in Australia could bring down the petrol price or could very the outcome by any means.
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inflation targeting band 3 to 4 percent.....
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Anthony Noble, MD & CEO
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