NSW: Rate rise an indictment of Costello's mismanagement - Costa

AAP General News (Australia)
08-08-2007
NSW: Rate rise an indictment of Costello's mismanagement - Costa

New South Wales treasurer MICHAEL COSTA says today's interest rate rise is an indictment
on PETER COSTELLO's economic mismanagement .. and his lack of commitment to micro-economic
reform.

Mr COSTA says the increase has nothing to do with the amount of money borrowed by the
states .. adding that his view is supported by the governor of the Reserve Bank and every
economic commentator.

AAP RTV krc/wjf/ibw/bart

KEYWORD: RATES COSTA (SYDNEY)

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