End RBA scapegoating and come up with policy solutions
Readers’ letters on the Reserve Bank pile-on; supermarket “discounts”; a lost opportunity to protect the environment; support for the social media age ban; and rooftop solar.
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It seems so easy for many current and former politicians to lay into the Reserve Bank of Australia and its interest-setting approach, with Craig Emerson the latest in a long conga line to do so (“RBA is needlessly smashing jobs”).
That the federal government chose to essentially leave all the heavy lifting to the RBA to bring COVID-induced inflation under control by its targeting of one group of the community, namely borrowers, really beggars belief.
