Originally Posted by
rhancock
I agree that interest rates are worrying a big chunk of voters, but I think what is missing is any indication that either party will do anything different to keep interest rates low.
In fact neither the Coalition federal or labour state govts have done anything to keep rates low. There have been no tax reforms to stimulate productivity or workforce participation, only tax cuts which drive inflation up, followed by interest rates. The big spending election will only serve to put further upward pressure on inflation, too.
So although interest rates are at the front of people's minds, I don't think it will be the decider for swingers ( like me).