The ALP, Interest Rates and Truth in Advertising
Economics
Financial Markets
Politics
The Labor Party has pulled the on-line advertisement we highlighted late last week:
LABOR has had to withdraw an online advertisement which said a Kevin Rudd government would cut interest rates.
The ad was a tougher version of ALP policy, which is to keep “downward pressure” on interest rates.
A party spokesman said the ad was not properly authorised.
Labor’s Google advertisement headed “Interest Rates in 2007” read: “Families today are carrying record debt. Labor will force rates down.”