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Should Parliament take back control of interest rates?
Summary by Spectator Australia
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Should Parliament take back control of interest rates?
Australia's treasurer Jim Chalmers arrives to attend a press conference regarding interest rates in Canberra's federal parliament house on July 8, 2025. (Photo by DAVID GRAY / AFP) (Photo by DAVID GRAY/AFP via Getty Images)
·Australia
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Should Parliament take back control of interest rates? - Politics, Policy, Political Views
With the RBA delivering yet another interest rate rise this week and making life even more uncomfortable for those with mortgages and highly leveraged businesses, it is worth remembering that 30 years ago, the then Howard government removed from the Parliament its primacy in determining one of the nations’ key economic policy settings, namely the
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Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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