RBA should continue to raise rate

Comments on MARTIN COLLINS: John Durie “RBA should rethink its strategy: recovery is patchy”, 23/10/2009, http://www.theaustralian.news.com.au/story/0,25197,26247024-5013407,00.html

The RBA should not pause on raising interest rate. Its main role is to fight inflation and inflation is still above its target zone.

Given that the economic emergency is over, there is no excuse for the RBA to keep interest rate at emergency levels and having inflation above target zone.

Unless the RBA is not independent and a puppet of the government, it should not deliberately miss its target zone for long.

Carbon tax should not be dead. What other countries, especially EU, do is their businesses, why should Australia follow their inefficiency in doing the same?

The two strike rule is just two impractical. It is interesting to see that the Productivity Commission was so silly to have recommended such a poor idea!