Thursday, 10 March 2005, 10:49 am Press Release: ACT New Zealand
Labour to blame for interest rate hike
ACT Finance
spokesman Richard Prebble today said that when the
president of the Labour Party publicly endorses a trade
union campaign for inflationary wage increases the
Reserve Bank has no choice but to increase interest
rates.
"Every householder now has to pay for Labour's
irresponsibility," Mr Prebble said.
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