Greens Call on Australian Government to Stop Interest Rate Hikes

Greens Call on Australian Government to Stop Interest Rate Hikes
Senator Nick McKim in the Senate at Parliament House in Canberra, Australia, on Sept. 12, 2019. Tracey Nearmy/Getty Images
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The Greens Party has called on the Australian government to stop the central bank from raising interest rates further.

On Feb. 7, the Reserve Bank of Australia (RBA) announced the ninth consecutive interest rate hike, taking the official cash rate to 3.35 percent from the previous 3.1 percent.
Alfred Bui
Alfred Bui
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Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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