RBA not hesitant to raise interest rates to keep inflation under control

Shadow Finance Minister Jane Hume says the Reserve Bank of Australia will not “hesitate” to raise interest rates to keep inflation under control.
“Getting inflation down is the Reserve Bank’s number one priority,” she said.
“Should inflation continue to run out of control, well then the RBA would not hesitate to raise rates again.”

[@jerrywong5960]

0.1 % growth. Australia is in big trouble. $ billions are spent in solar and wind farms

[@motorsportfreak1]

But Labor, Greens and the ABC have told us weekly for years that green (not really green) energy is cheap/free energy.

[@jerrywong5960]

@@motorsportfreak1 Don't believe them. Do your own research

[@teatree6228]

Donation to ukr billions

[@MrPopo-nn7kp]

We promise to charge you more money to help combat inflation that we caused.

[@user-vr7pl4zt9o]

Great interview Ross…

[@ImagineOnward]

Has anybody in the world experienced deflation....

[@M77982]

Palestine

[@peterburke8650]

Yes smokes from the vape shop.

[@ImagineOnward]

@peterburke8650 that's called a discount so they can make a sale

[@peterburke8650]

Inflation is only getting started.

[@WeveGotBush]

My wallet.

[@teatree6228]

Cut land taxes

[@guffawersyd5582]

We are in recession. And if interest rates go up Albanese is gone

[@blackorchid2180]

He won’t care ... he will still get his large taxpayer funded pension ... plus all the other perks that go with it ... but Australians will be paying the price of this Government’s incompetence for generations 😔

[@teatree6228]

Shadow finsncr minister with no finance or business experience

[@adamashton6742]

All business owners shut shop, get that caravan and come back in 12months!

[@johnvanderheide557]

It blows my mind about inflation. Yes it’s needs to come down but how is it making it easy on us when more money than what we spend normally goes to the banks. We are a backwards nation.

[@Rivighi]

RBA puts interest rates up, everything else goes up in prices, RBA oh you're spending too much we need to put up interest rates again, everything else goes up in prices again

[@drewy2222]

It meant to price people out of the market. If lots of people can't buy the product they either have to lower the prices or close up shop and people lose jobs

[@buildmotosykletist1987]

Higher rates, less price increases. Simple FACT.

[@drewy2222]

Business does a great job at building apartment and houses. Lmao

[@Martin_Priesthood]

😮 🍩 productivity 😂😂. .

[@clovusb21]

Recession woo