RBA Governor Philip Lowe made a mistake when he said interest rates would remain at historic lows until at least 2024, which “hurt” aspirational Australians, according to LNP MP Garth Hamilton.
“But the person who’s going to decide whether the Governor stays on or not is the Treasurer,” he told Sky News host Amanda Stoker.
“And, quite frankly, I don’t think the Treasurer really cares that much that the Governor hurt aspirational Australians.” Mr Hamilton said there was a lot of “hubris” in Treasurer Jim Chalmers’ essay but “not much there to inspire” aspirational Australians who want to get into the property market.
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