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Returning inflation to more normal ‘biggest assistance we can provide’: finance minister

The finance minister Katy Gallagher is speaking with ABC Radio following that decision by the reserve bank yesterday to raise interest rates for a seventh consecutive time in as many months.

Getting inflation back to more normal ranges is the absolute priority, because in the longer term that is going to be the biggest assistance we can provide to households.

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(SOURCE) https://www.theguardian.com/australia-news/live/2022/nov/02/australia-live-news-cost-of-living-pressure-rba-interest-rates-mortgage-online-gambling-amanda-rishworth-anthony-albanese-power-prices

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