"projecting a budget surplus.... considerably in excess of what our predecessors were projecting only three months ago."hahaahhahahaha. a blind man could see the GFC coming, thats why the previous gov. were fine with interest rates being higher than average. the reserve bank could not see it coming though dispite the warnings from costello. you voted for this "fiscal conservative" so you can put up with the consequences. idiots
actually the independence of the reserve bank has a lot to do with inflation, because if the government exerts control over the reserve it can say what interest rates are beneficial to the party politically, but not beneficial towards the nation in keeping down inflation
"projecting a budget surplus.... considerably in excess of what our predecessors were projecting only three months ago."hahaahhahahaha. a blind man could see the GFC coming, thats why the previous gov. were fine with interest rates being higher than average. the reserve bank could not see it coming though dispite the warnings from costello. you voted for this "fiscal conservative" so you can put up with the consequences. idiots
whessly 1 year ago
Comment removed
whessly 1 year ago
keep 'em coming
whessly 1 year ago
this is total crap lol
the independance of the reserve bank has absolutely nothing to do with inflation
schmorandom 3 years ago
actually the independence of the reserve bank has a lot to do with inflation, because if the government exerts control over the reserve it can say what interest rates are beneficial to the party politically, but not beneficial towards the nation in keeping down inflation
liber8me 2 years ago
nothing has changed yet.
the rate rises will continue like they have for the last couple of years under howard .
we are still under howard policy nothing has changed.
sgtkicker111 4 years ago