The RBA today increased the cash rate by 25 basis points, which marked the first rate rise in more than a decade, sparking a number of questions forA reporter asked Mr Morrison if his government has lost this election due to the hikes.Scott Morrison's facial expression when he was asked whether his government had lost the election."What today is about is what Australians are seeing as a result of the economy coming out of the pandemic," he said.
Labor has taken the news of the interest rate rise as an opportunity to further needle the Coalition. "It was hard enough to make ends meet in Australia on Scott Morrison's watch and today it got even harder," shadow treasurer Jim Chalmers said.The last time the RBA increased interest rates during a federal election campaign was in 2007 when opposition leader Kevin Rudd was contesting incumbent Prime Minister John Howard.At the time, Mr Howard apologised for the rate rise's impact on mortgage holders.
AirlieWalsh Jobs? It’s Jobseeker we want.
AirlieWalsh Makes you wonder if all the job keeper scams and hillsong/private school donations will be paid back to the treasury
AirlieWalsh Only Labor have pledged a return to manufacturing in Australia.. Manufacturing in Australia means jobs in Australia. Libs proved that they are more than happy sending jobs overseas. Just look at the car industry. auspol ausvotes Elections2022
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