Name: Buckle up Australia. Labor is crippling us financially. - Senate 6.11.23
Uploaded: 2023-11-13T00:47:54+00:00
Duration: 3 min 6 s
Description: The major driver for the lift in interest rates over the last 18 months. Is due to Labor's immigration policy. This increases demand which is working against the RBA trying to decrease demand. As a re

5 months ago

162

The major driver for the lift in interest rates over the last 18 months. Is due to Labor's immigration policy.

This increases demand which is working against the RBA trying to decrease demand. As a result of the increased demand from a higher population the RBA keeps increasing interest rates.

Albanese needs to get back to Australia and dial down the rate of immigration before households and small businesses go broke from higher interest rates.

#auspol

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