Larry Williams Drive

Scott Morrison has insisted he’s not worried about the prospect of an interest rate rise next week during the election campaign, maintaining it’s a matter for the Reserve Bank.Traditionally, the RBA rarely hikes rates during election campaigns because it doesn’t want the issue to become a political football and it wants to remain independent.If the RBA chooses to hike rates it will be the first time that has happened during a federal election campaign since 2007 when Kevin Rudd defeated John Howard after 11-years of Coalition government.But with inflation surging, the RBA could face questions about why it hasn’t increased rates if it holds firm next week.The issue was discussed this morning during the Prime Minister’s interview with Channel 7’s Sunrise program.“The Reserve Bank rarely increases rates in the election campaign, because it doesn’t want to be seen to be political,’’ Sunrise host David Koch said today.“Would it worry you at all if they didn’t move rates up next week, as they should, to get ahead o