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RBA doing ‘all of the heavy lifting’ to get inflation back down
From youtube.com/skynewsaustralia
Shadow Finance Minister Jane Hume says the Reserve Bank is doing “all of the heavy lifting” to get inflation back down. The Reserve Bank held interest rates at 4.35 per cent at their meeting in June. “That puts Australia as one of the outliers around the developed nations where we’re seeing interest rates come down and inflation come down as well,” Ms Hume told Sky News Australia. “Australia, however, despite the fact that the RBA has put up interest rates 12 times just in the last two years alone under this government, is now saying that it is considering additional rate hikes if inflation doesn’t come ...