As interest rates soar, TikTokers go Lowe

has racked up over 300,000 views for one of his videos where he pleads with Lowe to stop raising rates.Dionne Gain

Next, there is a feeling of betrayal among those who managed to buy a house in the past couple of years, taking Lowe at his word that the RBA wouldn’t lift rates until 2024, only to be stung by the most rapid rises in years.

The RBA does not deserve anyone's respect at the moment. They dropped the ball last year and lost status by misreading interest rate futures.

The RBA is doing it’s job. Almost 5 months since winning govt Labor has, literally, done nothing to address soaring inflation & runaway interest rates. With inflation heading towards 8%, interest rates must go up… certainly from their low emergency levels. 2.6% is bugger all.

oz_f makes a great attempt at encouraging young people to see themselves as victims but missed the perfect opportunity to blame racism and to identify Lowe’s role in the current war on hip hop

Young first home buyers are furious at Lowe / RBA. We trusted his Future Liedance & we have been burnt badly with our mortgage repayments rising by $000s per month. Even worse, we are bearing all responsibility for taming inflation as Labor gives record handouts to everyone else.

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Slow-hand Lowe taps the brakes on the interest rate hikesThe Reserve Bank, after the fastest tightening of monetary policy since 1994, hasn’t changed its outlook - except for one word. | Shane Wright | ANALYSIS auspol RBA How does he still have a job RBA blinked today. By rights, shld e been another 50 points, but they’ll wait to see what the Budget has in store… Nov decision with be a verdict on govt measures. RBA has been doing its job… after 5 mnths in office come the budget, Labor needs to do it’s job.
Source: theage - 🏆 8. / 77 Read more »

Slow-hand Lowe taps the brakes on the interest rate hikesAnalysis: The Reserve Bank, after the fastest tightening of monetary policy since 1994, hasn’t changed its outlook - except for one word | swrighteconomy
Source: smh - 🏆 6. / 80 Read more »

RBA returns to ‘business as usual’ 0.25pc rate riseBREAKING: The Reserve Bank returned to a “business as usual” 0.25 percentage point increase in the official interest rate on Tuesday, as it slowed rate rises to assess the economic outlook.
Source: FinancialReview - 🏆 2. / 90 Read more »

Interest rates decision live: RBA decides on 0.25% rate rise in conservative moveThe Reserve Bank is about to meet to decide on whether to continue its series of supersized hikes to Australia's cash rate. Join us live for the decision and all the analysis. Details: 7NEWS
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »