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By Rodrigo Santos Andrade
Massive interest rates Aussies could face if government spending growth remains
visibility comment0 event February 1, 2026 timer 23:57
EQ Economics Managing Director Warren Hogan claims the RBA must reverse the three interest rate cuts it delivered last year before calling for lower public spending growth.
“We need the RBA to reverse the rate cuts of last year. They were a mistake, there’s no two ways about it,” Mr Hogan told Sky News Australia.
“And then if they can get that done by May over the next three meetings, then the governments of Australia need to tighten up fiscal policy just a little bit.
“They just need to stop spending growing.”
He said federal and state governments did not need to cut “willfully and widely” to calm the economic pressures but called for the spending to be “restrained”.
Tags: Australian News, Breaking News Australia, Sky News Australia
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