This week has been the tale of three interest rate changes.
The day before the RBA lifted interest rates for families, the Labor Government announced it would use taxpayer funding to cut interest rates on EV loans provided by Hyundai and Kia. And the day after the RBA's rate hike, Labor announced its new Net Zero Fund would hand out loans to massive renewable companies at a reduced interest rate.
So this week there have been two interest rate cuts for Labor's friends who are obsessed with net zero, and an interest rate hike for Aussie families that Labor says it can do nothing about.
More in the @couriermail today.
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