Home owners have ‘every right’ to feel ‘aggrieved’ after RBA hiked interest rates up

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 78%

Australia Headlines News

Australia Latest News,Australia Headlines

Sky News host Chris Kenny says home owners have every right to feel “aggrieved” after the RBA hiked the cash rate to 3.35 per cent.

“I mean, in a quite extraordinary intervention two years ago the Reserve Bank Governor Philip Lowe – he infamously told us that interest rates would remain at their record lows for at least another three years, all the way through till 2024,” Mr Kenny said.

“Of course, inflation has soared since then, and we’ve had nine interest rate increases. Nine. And there’ll still be more before we get to 2024. “Little wonder he’s become a controversial figure, the normal rules about respecting his independence don’t seem to matter anymore.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Agreed, & They dont pay FA interest to our savings Accounts for holding our $, what a total scam!

Covid was released to create this situation in line with the WEF great reset agenda that all western counties are part of. Time to crush society and make the people poor and the rich richer. Millions dead and the world and all media are silent on origins. Wake up people

Pfft

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in AU

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.

‘Outrageous’: ABC’s report on Alice Springs town meeting ‘hugely embarrassing’The Australian’s Media Writer Sophie Elsworth says the ABC’s report on the Alice Springs town meeting was “hugely embarrassing” for the public broadcaster. “They’ve smeared the Alice Springs community as if it’s laden with white supremacists – it was just absolutely outrageous,” she told Sky News host Chris Kenny. 'The Australian’s Media Writer Sophie Elsworth ... ' I think that about covers things that are 'hugely embarrassing', don't you? Of course she'd say that lol Well let’s be honest. Covid taught us that all Australian media are liars and spreaders of misinformation. You all lied about vaccines being safe and approved and they’d stop the spread. Never mentioned only provisional approval as studies into safety weren’t complete.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Reserve Bank’s ‘language’ in media statement was ‘stronger’ than anticipatedKPMG Chief Economist Brendan Rynne says the Reserve Bank’s “language” in today’s media statement was “much stronger” than anticipated. “The language that was in today’s media statement was much, much stronger than what I thought it was going to be,” Mr Rynne told Sky News Commentator Steve Price. “Quite clearly the Reserve Bank was very concerned about the level of inflation that materialised in the last quarter of last year, running at nearly eight per cent. “It’s very much wanting to try to clamp that down and bring inflation back to its target band.” In short, the RBA's policies are aligned for the greedy corporate elite and private banks who have benefitted themselves at enormous cost to the Australian people and to the economic and social stability of the Australian Commonwealth.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

‘Not surprising’ Labor aren’t ‘supporters of the coal industry’It’s “not surprising” the Labor Party at both state and federal levels are “not supporters of the coal industry,” says Member for Flynn Colin Boyce. This comes after Environment Minister Tanya Plibersek blocked Clive Palmer’s Central Queensland coal mine project on Wednesday afternoon. “We've seen that with their legislation, we've seen the state Labor government impose these huge mining tax royalties on the coal industry,” Mr Boyce told Sky News commentator Steve Price. “We've seen recently Climate Minister Chris Bowen announce the safety net mechanism, which is basically just carbon tax.” Of course. There is so much more money to be made with their renewable agenda. It will make investors, politicians, unions and big business super rich with skyrocketing power bills all paid for by the sucker taxpayers who are just losers who pay for us to get rich . Hey Flynn let’s catch up for a good night out 🕺🎸✈️🏛🎆🎇🎑🌌🌃🏙🌉🌆💎💵💰💸🚬🏺❤️❓❓❓🔆⚜️⚜️⚜️♥️♥️🏁🏁 I’m lovin it
Source: SkyNewsAust - 🏆 7. / 78 Read more »

‘Surprised’: Woolworths reserves premium parking for ‘fuel-efficient vehicles’Sky News host Rita Panahi says she’s surprised to learn that supermarket company Woolworths is reserving premium parking bays for low emitting fuel efficient vehicles. “One customer says it’s discrimination,” she said. Ms Panahi discussed the issue with Author Alex Epstein. Racism Once again the poor and lower middle class are left out
Source: SkyNewsAust - 🏆 7. / 78 Read more »

‘Ramifications’ of Victorian election are ‘still ongoing’Despite being three months on since the Victorian election, the “ramifications are still ongoing”, says Sky News host Peta Credlin. 'The Victorian Election Commission on Friday tweeted this: 'Last November we had the highest number of districts decided by preference distribution ever!',' she said. '88 per cent of Victorian districts were decided by preference distributions, meaning in 77 Victorian lower house seats, preferences had to be relied on to determine a winner. 'In previous state Victorian elections, it was only around 50 per cent of districts decided by preference – a significant move away from the major parties.' She’s still got the hots for Dan can’t leave him alone. The ramifications for Peta Credlin is that, yet again, she has positioned the Liberal Party into long term opposition. So much losing. By the end of this month Peta would have help delivered the Libs into opposition in every state and territory except Tas. Genius. auspol
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Australians need ‘sensible’ financial policy not ‘handouts’ from the govtHerald Sun Business Commentator Terry McCrann says Australians need financial help from the federal government via “sensible policy” and not just “handouts”. “We do need some help coming from the federal government,” Mr McCrann told Sky News host Peta Credlin. “I personally don’t want to see handouts from the federal government; what I want to see from the federal government is sensible policy and ... the key areas that we need sensible policy are on energy and gas prices and electricity prices. “I can only state what we should be hitting, I can’t actually say it will be forthcoming from Canberra.” We now have Bowen destroying the economy, Chalmers trying to introduce communism and Albanese trying to write apartheid (separation) into our constitution. With the teals and greens cheering them on. A sweeping new Australian WEF socialist experiment is well underway. MurdochGutterMedia MurdochSewerageCo MurdochRoyalCommission How else do they expect to keep the masses obedient and following directions …
Source: SkyNewsAust - 🏆 7. / 78 Read more »