Dr Reid, stop raising interest rates

I am a resident of the Gosford area hence my email to you.

Since you got into Government, interest rates have risen and continue to rise.

I am no economist but this approach by RBA clearly is not working and it is having a huge effect on the normal worker of Australia.

I see pictures of you almost every week in the local paper and you seem to be a community liaison person.

The RBA has basically said that rates will continue to rise – please, this cannot continue.

Families are being slugged as it is.

What is the plan behind the scenes to curb inflation rather than keep increasing rates?

Email, Feb 8, 2023, David Dunlop, East Gosford

1 Comment on "Dr Reid, stop raising interest rates"

  1. Stage 3 tax cuts, effective from July this year, will cause interest rates to keep rising. This will further increase the burden on the financially disadvantaged!!!!!
    We need Albo and his Government to be responsible, defer Stage 3, and instead introduce rebates for low income earners I.e. the financially disadvantaged, to assist them with cost of living.
    We need media and our politicians to push this agenda, come on Emma, there are plenty of financially disadvantaged in your electorate, step up. Time to Govern, not do the popular thing. Get into Albos ear.

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