Australia took its interest rate medicine – and it has poisoned our living standards | Greg Jericho
Australia took its interest rate medicine – and it has poisoned our living standards | Greg Jericho
www.theguardian.com
Australia took its interest rate medicine – and it has poisoned our living standards | Greg Jericho
Even as we spent less, the Reserve Bank kept raising rates – and now household disposable income is back to what it was in 2015
Guardian Economist Greg Jericho shows - with interactive graphs - how the RBA's interest rate policies have missed the mark and depressed Australian living standards in an unprecedented way.