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Liberal MP Andrew Hastie warns that inflation acts as a silent tax eroding wealth, urging Australians to be concerned about potential interest rate hikes.
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Politics live: Hastie dubs inflation a ‘silent tax eating away at wealth’; half of young Australians say US a ‘threat’
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Follow the day’s news liveGet our breaking news email, free app or daily news podcastLiberal MP Andrew Hastie has said Australians should be “very concerned” about the prospect of another interest rate rise.He tells ABC Radio National:Inflation is a silent tax that is eating away at people’s wealth.We’re not blaming foreign situations and leaving it at that.I think it’s important context to acknowledge that there are inflationary impulses coming internationally. Continue reading...
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