Hip-pocket politics is Labor’s greatest vulnerability – and red-hot anger over the latest rate rise isn’t helping | Tom McIlroy

The Guardian Australia · 2026-10-02T15:00:14.000Z · Business

Unemployment is up, house prices are down and interest rates are rising – giving Angus Taylor the chance to show how he can turn things aroundGet our breaking news email, free app or daily news podcastThe economy is almost always the main game in Australia’s federal elections. The past week proved it will be as central as ever between now and the 2028 poll.But, as Labor tries to manage persistent inflation and interest rates rising to a 15-year high, its political standing is not helped by red-hot voter anger or common misunderstandings about how critical economic levers actually work.Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...

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