Commentator Jason Morrison says the Reserve Bank of Australia are “graph jockeys”.
Mr Morrison said they look at the numbers that come in and use them to justify their actions.
“You look around the members of the Reserve Bank board, that’s even more frightening,” he told Sky News host Sharri Markson.
“How unrepresentative they are, of the sectors of the community that really are hurt by the decisions of that board.
“It’s a top end of town – it’s an interest group, lobby group kind of background.”