Greens leader Larissa Waters has blamed the Albanese government and its involvement in conflict in the Middle East for today’s rate hike.
“This rate rise won’t end the war that is pushing up prices, or prevent corporations from using the illegal conflict to rip people off. It will only hurt millions of Australians, and Labor must step in to stop it,” Waters said.
“It’s not mortgage holders and renters who caused prices to spike – it’s the politicians who gambled with the global economy, backed dropping bombs on kids, and are now pretending to have nothing to do with it,” she said.
Waters said Labor should “make corporate price gouging illegal, rein in tax breaks for property investors, implement a rent freeze, introduce divestiture powers, tax wealth and advocate for peace not war,” as measures to cool down the economy.
“Labor, Liberal and One Nation have driven this wartime economic crisis by backing Trump and Netanyahu’s illegal war, they’ve worsened it by sending troops, and now millions of Australians are paying the price.”
