While the RBA nudges the brake, a reckless government pumps the accelerator

While the RBA nudges the brake, a reckless government pumps the accelerator

Opinion While the RBA nudges the brake, a reckless government pumps the accelerator When the RBA board next meets, I believe there’s a better-than-even chance it will raise rates for the first time in nine months to 4.6 per cent, the highest level in nearly 13 years. And it may not be the last time. With interest rates having already risen at a record pace and inflation already well down from its peak, you might be forgiven for wondering why …