Economists call for Lowe and RBA board sacking

This week the RBA increased its cash rate by .50 basis points, increasing the mortgage repayments of home owners with a loan of $500,000 by $140 a month. But economists are calling for RBA Governor Philip Lowe and the Board to be sacked, claiming they have mislead Australians and contributed to the collapse of the economy and the housing market with monetary strategies that have put Australia and Australians in a parlous position where economic disaster now looms