Scott Morrison and Anthony Albanese are disaster prepping for Tuesday's likely election campaign interest rate hike
2 years, 7 months ago

Scott Morrison and Anthony Albanese are disaster prepping for Tuesday's likely election campaign interest rate hike

ABC  

Like anxious householders clearing the gutters and packing up family photos as a bushfire approaches, the two aspirants to the prime ministership did some disaster prepping for Tuesday's widely-anticipated RBA rate hike. The inflation police are still interviewing witnesses, but surely the government's HomeBuilder scheme — in which eligible punters receive $25,000 towards their new home or renovation — will be expected to assist with their inquiries. The Labor scheme copped some mild excoriation from Morrison, who wanted to know whether an Albanese government would profiteer off properties renovated and improved by the sweat of a co-owner's brow. If you need a primer for Tuesday, here's Mike Janda again, explaining the interaction between inflation, interest rates and the — one assumes — nervous as hell RBA governor And an excellent piece by Gareth Hutchens, looking at ways in which policymakers could get out of these housing policy headlights.

History of this topic

Interest rate rise makes Scott Morrison's mission for re-election much more complicated
2 years, 7 months ago
Australia election 2022: Scott Morrison quizzed on RBA interest rate hike
2 years, 7 months ago

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