Bernie Fraser has joined the chorus of calls to raise rates as Labor MP warns ‘we may not get a second chance’
The Albanese government “needs to start using its power for the people like it promised it would,” a former RBA governor has said, as he joined calls for a lift to the jobseeker rate.
Bernie Fraser, who was tasked with guiding Australia’s monetary policy through 18% interest rates and “the recession we had to have”, said the unemployment payment was one of the “many areas desperately needing attention” in the coming budget.
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