Part 4/8:
A significant portion of McCormack's discussion focused on the economic hardships faced by Australians, particularly in regard to interest rate decisions. The recent stance of the Reserve Bank of Australia (RBA), which kept interest rates steady amidst global volatility, was met with concern.
He criticized the Labor government for not fulfilling its promises to address housing affordability and stimulate the construction industry, which he described as "in free fall." McCormack pointed out the failure of the federal government to build the promised one million homes and noted the closure of several construction companies, exacerbating unemployment and economic instability.