RBA Board Members Don’t Feel The Pain Of Their Decisions
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English - May 12, 2023 20:00 - 6 minutes - 9.04 MBInvesting Business Society & Culture Places & Travel hotspotting propertyinvesting propertyinvestment firsthomebuyer smsfpropertyinvestment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Have you ever wondered how the members of the Reserve Bank board can so nonchalantly
inflict the pain of constant interest rate rises on the families of Australia?
Here’s why. The members of the board which make these decisions don’t feel the pain of
their decisions.
They’re all multi-millionaires – high-flying corporate executives, academics or economists
with massive incomes which separate them from the pain of mortgage payments.