RBA’s “blunt instrument” hits households as Albanese fumbles on inflation

Advertisement

In a recent interview with the Sydney Morning Herald, Prime Minister Anthony Albanese made what they characterised as a “sharp comment” against the RBA.

“Interest rates are a blunt instrument,”

“They have an impact on people who have mortgages.” Albanese said.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Tarric is an Australian freelance journalist and independent analyst who covers economics, finance, and geopolitics. Tarric is the author of the Avid Commentator Report. His works have appeared in The Washington DC Examiner, The Spectator, The Sydney Morning Herald, News.com.au, among other places.
Advertisement