Minns warns expected RBA rate rise will see ‘shops close that don’t reopen’ as pressure mounts on PM

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Guardian World

Minns warns expected RBA rate rise will see ‘shops close that don’t reopen’ as pressure mounts on PM

Frustration grows over the economy with one Labor MP saying voter anger is already high ahead of Reserve Bank of Australia decision Get our daily political email, free app or daily news podcast The NSW premier, Chris Minns, has warned an expected interest rate increase will force job losses and cause businesses to close, insisting the federal government and states should rein in spending to take pressure off the ec…