Tim Wilson points finger at government over interest rate hike

On Tuesday, the Reserve Bank of Australia announced that interest rates will rise by 25 basis points.

Federal Shadow Treasurer Tim Wilson joined 3AW Mornings and was asked if he thinks government spending is responsible for the rise in inflation.

“Unfortunately this is totally a consequence of debt spending by Jim Chalmers,” Wilson said.

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“He needs to stop pouring debt petrol on the inflation fire.”

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