It is not the role of the government to adjust the interest rate.
"Interest Rate Decisions – 2019. The Reserve Bank sets the target 'cash rate', which is the market interest rate on overnight funds. It uses this as the instrument for monetary policy, and influences the cash rate through its financial market operations."
You, Sabbath, evidently need to consult the Governor of the Reserve Bank to inform him that "If interest rates were 5% I most likely wouldn't bother with too many equities in my SMSF ...." However, I suspect he wouldn't listen to you.
The interest rate is an economic instrument which plays a far more important role than appeasing self-funded retirees. lol
