the same old song

So the PM thinks someone should take a pay cut for the good of the economy. Tell you what: I'll treat that comment with something other than derision when a business peak lobby comes out and says that an interest rate rise is needed for the good of the economy. Surely they understand that the Reserve Bank is independent and works for the overall good of teh economy including, when necessary, dampening demand.

That said, let's not be silly: they are just saying what they're paid to say. Interest is a cost of business and high rates preclude investment. But enough of the sanctimonious utterances that we usually get along the lines of 'the time is not right for a rate rise.' It never is.