Senate debates

Tuesday, 13 June 2023

Questions without Notice

Inflation

2:20 pm

Photo of Nick McKimNick McKim (Tasmania, Australian Greens) Share this | Hansard source

Minister, last week the RBA raised interest rates for the twelfth time in just over one year. Why won't the Treasurer act to freeze rents and use the existing powers in the RBA Act to step in and stop the RBA raising rates? How is the RBA smashing mortgage holders and renters for a problem that they didn't cause fair or good for the country?

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