I know it's hard, but it could be harder: LoweBY CASSANDRA BALDINI | WEDNESDAY, 15 FEB 2023 12:51PMAppearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. Related News |
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David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson writes.
This clown gave dangerously incorrect guidance to the market with respect to interest rates, let inflation run out of control then expects to be retained for his full term? Why should we expect his judgement to be any better for the remainder of his term & what level of incompetence gets you fired from your $911K per annum gig? He must be really hurting up there in that ivory tower.
Instead of raising rates, why doesn't a percentage of your wage go into your super. That way everyone that works is affected not just people with homeloans etc. Why should the banks profit?