yes its a good way to address cost of living. with inflation falling its probably the right time to let the brake ease off a bit.
I dare hazard that Chalmers would have discussed this plan with several senior RBA andTreasury officials and economists.
my personal assessment is it entirely responsible and sensible and shows a sensitivity which takes in all costs and benefits.
if all goes accordingly, by time of the election the national mood will have picked up with interest rates down a notch or two and a little more cash each time the rate falls.
I actually wonder how long they've been working on this? could it have been planned before the election?
