-15.3 C
Ottawa
Tuesday, February 3, 2026

Question Time Hones in on Inflation as Reserve Bank Lifts Rates

Date:

The shadow treasurer pushed the treasurer on ’the 13th interest rate rise under Labor.’Treasurer Jim Chalmers addresses the chamber in Parliament House in Canberra, Australia on Feb. 3, 2026. Hilary Wardhaugh/Getty Images2/3/2026|Updated: 2/3/2026The Reserve Bank’s decision to lift interest rates landed squarely on the first Question Time of parliament this week, shifting the chamber’s focus to mortgages, inflation and responsibility.Opposition Leader Sussan Ley took aim telling Prime Minister Anthony Albanese the average mortgage holder was already paying about $21,000 more a year in interest costs under Labor.Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

Reserve Bank of Australia Lifts Interest Rates Again After Cutting Them

Australian dollars coins in Melbourne, Australia, on April 4,...

Sydney Protest Restrictions Extended Ahead of Israeli Presidents Visit

Pro-Palestine groups have vowed nationwide protests in response.Israel's President...

Toronto Police Praise 150,000-Strong Anti-Iranian Regime Protest for Zero Incidents

Protesters march in support of regime change in Iran...

Source of Global Milk Formula Recall Traced to Chinese Biotech Company

Shelves of baby formula with signs warning customers that...