Interest rates will be ‘determined by the federal election’

Sky News host Paul Murray says while the “easy politics” is to talk about the cost of living in the lead-up to the election, the “reality” is to talk about mortgages.

“Interest rates will go up here in Australia – just how much they will go up will be determined by what happens at the federal election,” he said.

“If anyone is thinking about the economy, and whether that matters at this election, while the easy politics is to talk about cost of living, the reality is to talk about mortgages – because anyone who has one is frightened about the next little while.”

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