Your views: on interest rate hikes and more
Today, readers comment on mortgage holders paying the price for inflation, pregnancy and homelessness and storing nuclear waste.
Commenting on the opinion piece: Clock ticks on Reserve Bank inflation-busting legacy
Effectively reducing the pay of the crew in order to boast of leaving the ship in supposedly good working order for a new captain is a disgraceful reason to keep increasing interest rates.
Suiting the needs of a few powerful and well-paid individuals rather than the majority of the population is despicable. History shows such an approach never leads to a stable and well-functioning democracy.
Why does Philip Lowe keep on avoiding any mention of the inflationary effects of the Ukraine War and accompanying extraordinary corporate profits? – Myrana Wahlqvist
Commenting on the story: More mortgage pain as Reserve Bank again hikes interest rates
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The RBA is killing us slowly, while the country tries to pull itself from the mud of COVID-19 lockdowns and job insecurity.
The RBA is set on a course of destruction of families who are struggling to keep their heads above water. They do not care while they have their high-paying jobs and are safe from the axe they wield. – Wayne Martin
It’s obvious they have no idea of the ramifications of their decisions and are so out of touch with what is happening to everyday Australians.
(Philip Lowe) announced publicly that interest rates won’t go up until 2024, and now we are at number 10. He and his board didn’t do their job to sensibly manage inflation which is now out of control.
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What are you going to about this, Anthony Albanese? Don’t just shrug your shoulders and say “nothing I can do, they are independent”. The people that voted for you and won you the election, the battlers like you professed to once be, are depending on you to stop this pain.
The only winners here are big businesses and banks whose bottom lines continue to grow while the rest of us struggle to make ends meet. – Andrew Mackereth
Commenting on the story: Young, pregnant and homeless: The hidden face of SA’s housing crisis
There must be a million retired elderly empty nesters with large empty houses that could use the help and company, and may even help to look after the little ones.
Obviously, there would be some issues with ensuring everyone’s safety (physical, emotional, and financial) but it could also be life affirming for all involved and considering the absence of any other options it might be worth exploring.
I recall the final years of my father living in an empty home and needing some help with daily living, but also having lots of time to share his life experiences … good and bad. – Alan Beaton
Commenting on the story: ‘David and Goliath’: Kimba nuke waste fight heads to Federal Court
Whilst I understand the reluctance of traditional owners to have a nuclear waste facility on their traditional lands, I do wonder whether they understand that you cannot have a nuclear free Australia.
This country has uranium deposits that emit background nuclear radiation all the time. These deposits are mined and exported. That alone means we have an obligation to accept nuclear waste.
Nuclear materials are also used all around this country for medical diagnostic purposes for the entire population. This also means we have an obligation to do something with these materials upon disposal. We cannot simply bury our heads in the sand and make this material disappear overseas. We have to put it somewhere. – Keith Gatford
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