Ross Greenwood on the sunday program said " Oil will hit $200.00 by Christmas which will equate to $2.30 a litre in Australia.
This will increase inflation and with the increase in the fuel prices recently the Reserve Bank will have no choice but to increase rates at the next meeting, its definite."
This will increase inflation and with the increase in the fuel prices recently the Reserve Bank will have no choice but to increase rates at the next meeting, its definite."