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Why the Reserve Bank’s interest rate cut won’t solve cost-of-living crisis

11 1
20.02.2025

The pollsters claim that the coming federal election will be decided on cost-of-living issues and there’s pile of speculation that Anthony Albanese’s Labor government may call an early election to take advantage of the long-awaited Reserve Bank of Australia (RBA) interest rate cut on February 18.

There will be some relief for borrowers from a lowering of interest rates, but will it significantly ease the cost-of-living crisis?

See also

How developers captured the housing debate

Labor rejects effective housing measures for investor-friendly non-solutions

It’s not enough to ‘punish Labor’: We need to build a........

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