The more we use the budget, the less the Reserve Bank needs to raise interest rates.
  • FengaNails@lemmy.world
    4·
    11 months ago

    While I agree the Australian government should be utilizing the tax code to provide nuanced targeting of inflation and living pressures.

    The implication that people holding mortgages are unfairly burdened by increasing mortgage rates and that the pain is not distributed through the population echoes hollow. Speculative property investing pushing up rents is doing a fine job or spreading the pain.