“Its the government that sets the rules & the RBA must act within those laws.“
It was Morrison government that approved massive $ printing during covid.
It is Labour government today that loves to spend big for handouts. They approve $ printing.
If you think Green can freeze rent, then rates need to go down to reduce borrowing costs including government debt payments. If rates go down, inflation will naturally spike again, your groceries cost & living expenses will go all the time. So, they will approve $ printing to keep up with high costs.
If you don’t own hard assets, land & gold, you will die poor with devaluing AUD & ever increasing inflation.
