Media Release Groom Independent Suzie Holt Challenges Incumbent's RBA Warning - Suzie Holt 4 Groom Skip navigation

News: Groom Independent Suzie Holt Challenges Incumbent's RBA Warning

Community Independent Suzie Holt strongly opposes the position of Groom incumbent MP Garth Hamilton on interest rates, which were released to ACM Media on Saturday.

“I am appalled that in a cost of living crisis, in an electorate with some of the highest levels of mortgage
stress in the country, Garth Hamilton is lobbying the Reserve Bank via the media to refrain from cutting
interest rates until after the election.

“Why is Mr Hamilton reaching out to media with his thoughts on what an independent body should do?
Why is he warning that he plans to give RBA Governor Michelle Bullock “tougher than usual” questioning
as a member of the economic committee?

“Because, as a Groom landholder told me yesterday, “The LNP really don't want a rate cut before the
election as it will boost Labor's credentials, so Hamilton tries to sway public opinion and that of the
Reserve Bank. I think I'll stick with the opinion of the economists of the big four banks and other experts
over him!””

“This should be about people, not politics,” says Ms Holt.

“Australian people aren’t playing a political game. They are living their real lives and it’s not a game to
them.

“This is a perfect example of a politician taking a position that’s politically expedient for his party at the
expense of people in this community. It’s shocking, but it isn’t surprising. This is the problem with major
parties - they only want good things to happen for you on their watch."

 

Media Contacts:

Director of Communications

Maddie Palmer: +61 413 934 514, [email protected]

 

Campaign Director

Graham Nuttall: +61 412 916 040, [email protected]

 



 

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