‘Unfair’ that mortgage holders pay the price for Albanese govt’s inability to manage finances

IPA deputy executive director Daniel Wild highlights how the Albanese government’s inability to manage finances is influencing both inflation and interest rates.

“The fault is with the government and not the RBA; the RBA has one lever it can pull, and that is the cash rate,” Mr Wild told Sky News host Rita Panahi.

“I think the RBA is doing what it should be doing given its mandate and given the tools that it has.

“You’re quite right to point out that it’s unfair that mortgage holders are paying the price for the government’s inability to manage money.”