Treasurer's response to the RBA's interest rate rise

Peter Costello's response to the RBA interest rate rise announced 7th. November 2007.

Category:

News & Politics

Tags:

• RBA
• reserve
• bank
• interest
• rate
• rise
• peter
• costello
• treasurer
• liberal
• party
• john
• howard
• LiberalParty07

[sgtkicker111]

its the end of these idiots the free ride they have had is over .

there is only one way rates are going and thats up and up and up.

by by johnny

[kevvys1a1woos]

And if we vote for Dudd they'll come down will they? (what a moron)

[samelf]

He seemed very uneasy in this response...

[kevvys1a1woos]

yathink? Labor voters really need to remove their rose coloured glasses and take note of what Peter is saying here.

[bennyboytalk]

umm it's Labor you idiot

[130ipower]

i hate it when the lib gov tries to compare the performances with labour gov when things outside of the 2 parties that were big contributors for the performances in inflation and unemployment. first of all under the labour government. RBA didnt have the monetary policy framework as the inflation targetting before 1990 which was some contributions for the steady inflation rates. (most of the credits go to RBA).

[SalemSaberhagen1]

I ADORE Costello! I think he is so cool! I've always wanted to see him as PM, now, barring him challenging Nelson and/or Turnbull, which, after 11 years, I don't see happening, it doesn't look like it will ever happen. But I also love Hockey. He looks like a loveable and huggable teddy bear, and has such a kind face. Costello has the coolness, Hockey has the looks. Hockey would make a great PM, but he's too much of a Beazley ie a decent man.

LOVE Costello, and LOVE Hockey.

[Froschdogg]

You could just mention them. I don't think that a liberal or labor site is very objective

[kevvys1a1woos]

Go to the Liberal Party website and clik on the link "Howard Government Achievements". We can't put links here, but there's a link on my channel. Hope that helps. :)

[Froschdogg]

Personally, apart from the GST, I can't name another reform to the Australian economy made by the libs. Does anyone know any others? If you want to talk about IR reform, that's fine. But could we start by mentioning a few more reforms.

[shwell]

Costello admitted to ABC radio that he didn't expect a rate rise. Perhaps the Reserve Bank is paying back Libs due to Howard politisising it at the last election. Even though he didn't have too as a donkey's butt could have beaten Latham.

[sgtkicker111]

your the moron i never said they will come down i am smart enough to know that after this election who ever is in charge is facing

futher rate rises .with that said lets not forget who is in power at the moment good old johnny boy rates rising and housing about to go the way america and the uk have.