The Opposition is blaming the Government for the rise in the Official Cash Rate
The Opposition is blaming the Government for the rise in the Official Cash Rate
24 November 2021
The Reserve Bank's lifted it to zero-point-seven-five ... from zero-point-five.
ACT Party Leader David Seymour says he isn't surprised ... because of the level of Government debt from Covid borrowings.
He says the real cost of Covid-19 is now being reflected in the cost of life, and the rise is needed to accommodate that.
National MP Andrew Bayly has chimed in, saying the Minister of Finance Grant Robertson needs to take some responsibility.
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