The Courier Mail on Monday:
"'Rise could be positive'
But federal Liberal MP for Blair Cameron Thompson said a rate rise could have a positive impact on the Coalition campaign, as it would highlight its economic strengths.
"I'm saying that I think that what it does is underline the strong economic performance of this Government and to that extent if you want to draw a political line under it, it's a positive for the Government," Mr Thompson said."
Given the Reserve Bank forecast I bet Mr. Thompson wishes he had kept that thought to himself.
Word on the blogosphere is that this MP sees himself as Costello's successor.
A North Coast view of the interest rate rise isn't optimistic as this unrealistic Liberal. "The rate rise is also expected to hurt renters, with property investment firm Braxton Chase predicting increases as investors cover their increased mortgage repayments. The firm predicted a rise of about $12 per week on properties presently renting at $250 per week.---- There's no way we could afford any more, Ms Brown said yesterday, after she and Mr Ashcroft squeezed their week's groceries from $70 at Lismore Central.
"I'll never be able to afford to buy my own house, I've accepted that. I wanted to start a farm, but I'll never be able to."
Rising interest rates and high property prices had killed off that dream. Asked if the Government was to blame for the rise, Ms Brown said: "Yes."
The Northern Star on Thursday:
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