Assistant Treasurer and Monetary Companies Minister Stephen Jones says inflation has peaked and each the federal government and households are desirous to see it lower.
The Reserve Financial institution has saved rates of interest on maintain for the fourth consecutive month to handle value of residing pressures.
“Our precedence centered on offering the price of residing aid and in that context, welcomed the truth that the Reserve Financial institution has put charges on maintain for an additional month,” Mr Jones advised Sky Information Australia.
“The fourth month in a row.
“It is a wait-and-see train now centered on the information centered on what’s approaching at us from all over the world and right here in Australia.”
