{"id":943394,"date":"2026-10-28T01:50:09","date_gmt":"2026-10-28T01:50:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/943394\/"},"modified":"2026-10-28T01:50:09","modified_gmt":"2026-10-28T01:50:09","slug":"australia-news-live-rba-signals-further-interest-rate-rise-as-inflation-rises-to-4-3-per-cent-nearly-800-threats-against-mps-in-six-months-afp-says-as-labor-bolsters-safety-after-haines-attack","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/943394\/","title":{"rendered":"Australia news LIVE: RBA signals further interest rate rise as inflation rises to 4.3 per cent; Nearly 800 threats against MPs in six months, AFP says, as Labor bolsters safety after Haines attack"},"content":{"rendered":"<p>RBA governor Michele Bullock is responding to questions from Liberal deputy leader Jane Hume about the government\u2019s role in tackling inflation.<\/p>\n<p>\u201cGovernment spending \u2013 federal and state, I have to say here, not just federal \u2013 all contributes to aggregate demand in some way, whether it be through infrastructure projects, services they have to provide, and so on,\u201d Bullock said.<\/p>\n<p>\u201cAnd to the extent that aggregate demand is above aggregate supply, it contributes to that excess demand.<\/p>\n<p>\u201cNow, as I have also said repeatedly, monetary policy is independent, and fiscal policy is a matter for the parliament and the government. It is not for the central bank to tell the government what to do with their spending, and particularly, how to direct their spending.\u201d<\/p>\n<p>Bullock also rejected the unfavourable comparison of Australia\u2019s inflation rates to other countries because its target was higher.<\/p>\n","protected":false},"excerpt":{"rendered":"RBA governor Michele Bullock is responding to questions from Liberal deputy leader Jane Hume about the government\u2019s role&hellip;\n","protected":false},"author":2,"featured_media":943395,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-943394","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/943394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=943394"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/943394\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/943395"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=943394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=943394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=943394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}