Opposition blames government for rate rise as Australians are ‘getting smashed’ by inflation and rising costs

The Opposition has blamed the government for the latest interest rate hike, saying the problem “lies squarely at the feet of the treasurer” as Australian households face mounting cost-of-living pressure. Families were bearing the brunt of the decision with households “getting smashed” as interest rates rise again, Nationals Senate leader Bridget McKenzie told Sunrise on Wednesday.