Live Federal Election Updates: PM ‘sympathizes’ with families, but can’t say sorry about rate hike | Central Western Daily

news, local news, election, canberra, scott morrison, anthony albanian, federal politics, politics

All eyes are today on the Reserve Bank of Australia, which will set the new interest rate. If the price rises for the first time in more than a decade, it will deal a second blow to the Prime Minister’s campaign strategy, which has been defined by claiming the coalition is the better economic managers for Australians. The first blow was an inflation rate that confirmed what Australians were already seeing: how much the cost of living has risen. Scott Morrison says “it’s not about politics”. He is concerned about what people are paying on their mortgage. But the one message he wants everyone to know is that it’s not his government’s fault if Australians pay more on their loans. READ MORE: The live blog appears below this line and above the image, but sometimes it takes a while to appear.


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