Could inflation be tamed with super instead of interest rates?
The Reserve Bank of Australia yesterday left interest rates on hold at 4.35 per cent, a relief for those with a mortgage.
But as the central bank weighs up future interest rate hikes to try to combat inflation, some economists say there’s a fairer way to keep spending under wraps and spread the pain around.
And the alternative could leave us all with bigger retirement nest eggs.
Today, independent economist Saul Eslake on whether superannuation could be used to manage inflation, and what it all means for the future of housing.
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