through the past 12 months, driven by higher building and fuel prices.
At the same time, consumer confidence has continued to rise, going up for the third week in a row despite higher inflation.But ANZ head of Australian economics David Plank said sentiment remained very low and was vulnerable to more hikes from the RBA. Speaking before the RBA announcement, Treasurer Jim Chalmers said higher interest rates would make life harder for many Australians and the government had to make the RBA’s job “as easy as possible” when it came to taking heat out of the economy and bringing inflation down.
Source: Loan Digest (loandigest.net)
That 'weather pattern' pushed by Cockram and intercorporate extremists during night hours, and 'cheesing their bathroom', really is offensive. Don't think they should be 'dampening' the 'bubbly'; when there is violence, and espionage it isn't good, otherwise word is word.
Big hits to slow inflation and none have even made a dint. Houston we have a problem.
Has there been another public institution to have failed Australians so egregiously than the RBA in 2022?
4th month in a row- it’s made no difference yet! Tell me how increasing mtge payments reduces inflation. Wouldn’t it increase it, along with everything else going up. He shldve raised it .5 last year to slow it down.
Your vote has consequences.
Will depositors get more?
A crushing cost to families already struggling & having to choose between food, heating, fuel, gas, electricity, rent or mortgage. But our political elite, Labor, gifts politicians & high incomes $12,000 tax cut year after year from 2024. A 220 billion budget time bomb, madness.
Forcing a recession, where the rich can reap all the benefits 😡
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