The Coalition's retirees' advocate MP Tim Wilson has questioned the need to cut interest rates suggesting it would hurt those who heavily depend on savings and do little to help new buyers get into the market.
Mr Wilson was the Coalition's attack dog against Labor's policy to remove franking credit rebates for self-funded retirees, heading the parliamentary inquiry that found the policy "inequitable and deeply flawed".
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
