‘Chilling’ to hear economists deem 2.35 per cent rate rise as ‘fine’

Former Speaker of the House Bronwyn Bishop says it is “chilling” to hear economists say interest rate rises of 2.35 per cent are “fine”.

“I’m sorry – they might know it’s coming, but it doesn’t produce the money whereby they can pay for it,” she told Sky News host Paul Murray.

“What angers me even further is that the rent seekers in this county – the people who are simply providing this dreadful myth that we can live off wind and solar – are taking huge subsidies.

“This is the money that’s being dragged out of them, that is sending people’s costs up.”

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