Senate debates

Thursday, 8 September 2022

Questions without Notice

Economy

2:38 pm

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

Minister, last year Dr Lowe said that the RBA would not increase interest rates until wages growth was materially higher. Real wages are going backwards, but the RBA has increased rates for five consecutive months after effectively telling Australians they would not go up until 2024. Do you agree that we need some accountability in the system, and do you agree that Dr Lowe has got to go?

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