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interest rates now theyamp;#39;re very high uh perhaps one of the uh very small number of good things about the pandemic was interest rates went effectively to zero and you could borrow money at 2% or even a bit less for quite some time now you know theyamp;#39;re much higher the official ratees 4.35 I think and the you know Bank rates are sort of 6 and a half to 7% which is to be honest where they always used to be but what is interesting is the why now the higher interest rates are all designed to combat inflation and Michelle bulock after the Reserve Bank uh meeting yesterday said the reason inflation is hanging around is because state and federal governments are spending too much money so youamp;#39;ve got the Reserve Bank which is one arm of government trying to push inflation down and youamp;#39;ve got the treasurers like Jim Charmers and and Tim palace here in Victoria effectively by all their spending pushing inflation back up and ex Cas isamp;#39;s Chief Economist and co-
