Tim Wilson accuses RBA of giving up on stimulating the economy

China’s foreign ministry stood its ground on Wednesday. An embassy spokesman said it does not want a trade war “but we are not afraid of fighting one”.“China does not accept any maximum pressure, threat or blackmail,” the spokesman said. “On major issues concerning our principles, we won't back down even a little bit.”held the cash rate at the record low

The Liberal MP's unusually direct comments come a day before he interrogates the governor at the House Economics Committee hearing in Canberra. National Australia Bank chief economist Alan Oster said the government had a unique opportunity to spend quickly before the trade war pushes down iron ore prices further and eliminates the budget buffer.

The investment monitor report found business investment confidence has fallen to its lowest level in five years as a result of the trade fallout."There are doubts as to the ability of politicians to deliver a stable policy environment in which to do businesses," the report found. The overall trend remains upwards but Commonwealth Bank economist Kristina Clifton said the drop was a sign of a lack of confidence.

It’s RBA’s fault now 😩

If the government he represents had any real strategy or policy foresight he would not need to cry about the Reserve bank. Timmy and the LNP taking the usual “ dog ate my home work” line. Time to grow-up mate!

How about real wage rises and increase in Newstart ?

The rba has done quite enough - over the governemnt and fiscal

Australian government should introduce a policy that only allows a maximum of 10% total trade being done with one country.

With extremely helpful intervention by that colt from the West, Andrew Hastie giving public advice to relevant (female) Ministers on China

So I guess brownnosing Peter dutton for a cabinet position next year hasn’t worked out and now u r trying to get the attention of trump?

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