Would you push a neighbour into unemployment to reduce inflation?
We need more unemployment to drag inflation down. Will you volunteer?
We need more unemployment to drag inflation down. Will you volunteer?
Members have privately rebuked deputy governor Andrew Hauser for publicly hinting a fortnight before this week’s meeting that rates were very likely to go up.
The deputy governor RBA rejected allegations a public appearance coerced his monetary policy colleagues before the board lifted borrowing costs to an 18-year high.
The RBA’s deputy governor has acknowledged growing anger over multiple rate rises and heightened concern about future price rises.
Trust in the RBA is under strain "just as we need it most," RBA deputy governor warns.