The previous Government didn't control the RBA, else the RBA wouldn't have raised interest rates a month out from an election while they were at the helm. I can't remember that ever being done, Governor Lowe broke with a long tradition when he did it. It did considerable damage to the Government at the time (even if it may not have been needed to affect a change in Government).
What the previous Governor did do was to use lies as a tool to stimulate economic activity, and real clangers too.
- Forums
- Political Debate
- Chalmers humiliated by RBA
The previous Government didn't control the RBA, else the RBA...
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)