Sky News contributor Joe Hildebrand says the federal government does not have the power to control cost of living.
“It’s exactly the same as, I think it was 2007 when the former great prime minister John Howard said ‘this is about who you trust to keep interest rates low’,” he told Sky News host Paul Murray.
“The Reserve Bank jacked up interest rates in the middle of the campaign and that was all she wrote.” Mr Hildebrand said this is “proof positive” the government does not make the decision on rates or the cost of living.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Great news’ for Albanese amid new poll figuresSky News Political Editor Andrew Clennell says there’s been “some great news” for Prime Minister Anthony Albanese after a new Resolve Strategic poll was published in Nine newspapers. “After a solid start by Anthony Albanese, he is ahead as preferred PM, 55-17,' Mr Clennell told Sky News Australia. “There has been a startlingly large rise in the primary vote of Labor to the cost of the Coalition, it’s now 42-28.' Mr Clennell also said 40 per cent of people ranked Mr Albanese as a 'good' prime minister and 21 per cent rank him as very ‘good’.
Read more »
‘Positive start’ to the ASX todaySky News Business Reporter Edward Boyd says the local market is up about 0.4 per cent in early trade today. “So, positive start to the ASX today,” Mr Boyd told Sky News Australia.
Read more »
‘People are getting tired of it’: Meghan Markle’s podcast reception ‘mixed’Sky News Washington correspondent Annelise Nielsen says the reception to Meghan Markle’s new podcast has been “pretty mixed”. “It just seems like people are getting a bit tired of it,” she told Sky News host Andrew Bolt. Ms Nielsen said there were many reactions on social media about how the podcast was “going to be so influential for young girls” before it came out. She said Ms Markle talked at length about the incident in South Africa where her son Archie narrowly avoided fire – but said the British attitude of “keep calm and carry on” was foreign to the American. “No one was hurt so they would have had that stiff upper lip, the British style, and moved on and not shamed their host,” Ms Nielsen said. “I’m guessing Kate and Wills would have dealt with stuff like that in the past and no one would ever hear about it.”
Read more »
Follow the 9News live breaking news blog throughout the dayA car-carrying truck and five cars have been gutted by a massive fire on the Hume Highway this afternoon. The blaze, which required 20 firefighters to extinguish it, has caused heavy delays for southbound traffic. 9News DETAILS:
Read more »
Follow the 9News live breaking news blog throughout the dayCommunity sports facilities across the state will be transformed into safer and more inclusive venues, as a part of a $25 million NSW Government program to accelerate female participation. 9News MORE:
Read more »