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The Real Issue: Should the Reserve Bank governor Philip Lowe Resign?
Manage episode 348301342 series 3134609
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Furious homeowners are calling for the mortgage-free millionaire to resign or even face class actions over his enormous interest rate fail.
On Monday morning, Dr Lowe issued a stunning apology to Australians who took out a mortgage – during a period of record property prices, no less – based on the RBA’s repeated insistence that the official cash rate would not increase until 2024.
Abel Prasad the Managing Director of Prasads Home and Garden fires up and asks you if Dr. Lower should resign?
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