The RBA was independent of the Government (I see Albo is trying to change that now) and they made the decision to cut rates so low. You can go back through all my posts where I have said for years that this was a stupid policy. They should never have been cut to this level, Morrison should never have wasted so much money on job keeper (which Labor screeched to have spending increased) All Governments should stop the reckless useless spending which keeps fuelling inflation. Expecting that inflicting pain on the 30% of the economy carrying a mortgage is just stupid.
