Multiple hikes inbound, zero cuts for 2024 & 2025. Great news!
The government refuses to fix the problem, so the RBA must do what is right.
@Mexxx65 Says:
so...what is the real difference to Inflation being at 3.6%, or at say 2.5%????
why is as low as 2% the "magic" number?
I mean I am POSITIVE my price of a packet of blueberries is going to remain the same......
@JohnInvest17 Says:
our election year 2025 cant come fast enough!
@Theholmesreport Says:
I am an Economist. INTEREST RATES HAVE NOTHING TO DO WITH INFLATION. THIS IS PURE PROPAGANDA. YOU NEED TO REDUCE THE M2 MONEY SUPPLY AND INCREASE CAPITAL REQUIREMENTS FOR BANKS TO 20% TO SUCK MONEY OUT OF THE ECONOMY. AND STOP OUT OF OF CONTROL IMMIGRATION AS IT HAS CREATED AN IMBALANCE IN DEMAND .
@teatree6228 Says:
Reduce land tax - rentals will drop- inflation will drop
@peterlegg7456 Says:
Are these the same experts who were forecasting drops in the rates later this year - the ones on loan from the Bureau of Meteorology?
@howardlee5235 Says:
Yeah, these guys always making constant changes on their predictions. Not once they were correct and still get paid on TV 😂
@cl1ff892 Says:
Raise gst so people that are spending are punished
@philmelb1022 Says:
Good more interest for savings in the bank happy days.
@ashdivakaran9664 Says:
They need to keep raising rates till home prices lower.
@blackdog417 Says:
Controlled demolition of our country. All by plan
@briananderson7285 Says:
Inflation at a time of recession causes stagflation.
@palikiridena2796 Says:
honestly this will be a real doom for the hard-working people...the banks will be the winner's
@riffraff8490 Says:
Remove everyone who has been employed through NDIS and show everyone receiving disability allowance payments in all their guises and the low unemployment figures will disappear.
@binks7988 Says:
Albo and his immigration, renewable joke causing the inflation.
@MJsMowing Says:
Inflation? Nah its greed that is driving prices up. Pure fucking greed!!!
@johnnybgood3909 Says:
18% is very likely, laugh if you want.
@andycommonsincanada Says:
The jobs knackered mate.
@vincentcacciola7161 Says:
While immigration is high inflation will go on the RBA is trying to tighten but governent policy is working against that
@JamesZinger-no7yt Says:
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@JamesZinger-no7yt Says:
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@andrewbroome7404 Says:
Cut immigration to nett zero
@JoeyBlogs007 Says:
The problem is that raising interest rates doesn't control inflation in all situations, because in the current environment interest rate driven costs get passed on to consumers, due to the high level of debt owned by businesses and home owners. Their economic model is flawed and they need to take a serious look at their economic modelling. There's a shortage of housing and massively excessive migration, so who do you think pays for this at the end of each year ??? renters. Excessive demand and hence spending again due to record migration, rather than per unit household expenditure increases. Immigration needs to be curtailed immediately by 75% and the problem will be resolved with a month or two.
@Albolf Says:
It has nothing to do with me.
International affairs caused it.
It was Peter Dutton.
@skeletorrobo Says:
"This is a very invidious situation that they have got themselves into."
@jaimitojoe7747 Says:
No surprises here, they wont come down until Q2 next year if they come down. Don't forget that in the 80 it latest a decade.
@user-yw1rp4rj4u Says:
We don’t have much unemployment because there are so many career Centrelink personnel….
@UnknownUser-sc6jx Says:
Rate hikes are needed because of immigration and welfare spending you want to cut rates cut welfare and immigration.
@user-yw1rp4rj4u Says:
inflation is being driven by corporate Australia, not by consumers.
These psychopaths will never stop hurting the bottom 60%
@user-yw1rp4rj4u Says:
i’ve said it before 6 percent cash rate by the end of 2025.
@0401412740 Says:
Its artificially driven. Migration, high terminal gate price of petroleum, reducing reliance on China, government bonds. Its baked as.
@downtoearth1950 Says:
Lololol..... Experts have for a year been forecasting cash rate declines.. While I have known that it has to go higher we were slow to start and rises were far too low. This pleased the Banks and Government, while throwing ordinary Aussies under the inflation bus 😡
@levan2436 Says:
renewal energy from chyna, we paid 20B interested per month
@eb2505 Says:
Just waiting for Jim Chalmers to come out and say ‘This is the recession we had to have’.
@Birch37 Says:
The banks were suggesting 2 rate decreases by the end of 2024, two weeks ago
@Birch37 Says:
Inflation just fell to 3.1%. I don't get it
@NinjaKuma Says:
Albo has his foot on the gas peddle by importing migrants to say the economy is growing.
Well... its growing via inflation
@Jin-oq2qu Says:
RBA, do your job properly. Raise, raise and more raise!
@proudockers5281 Says:
Immigration immigration immigration cut it to 0 wake up australia you bunch of muppets
@proudockers5281 Says:
Good keep raising them so australia wakes up and kicks out this labour albo communist government
@noelleng126 Says:
Isn’t high interest rate one of the reasons for inflation? At least in the case. Especially when all the increases are from stable products. I mean we live very frugally, no mortgage and can still feel the pinch.
@WeveGotBush Says:
They want your soul aswell.
@WitchDoctor.933 Says:
I guess Dominic Pell got all excited bragging about Labor lowering interest rates and Mouthed Off Prematurely.😆
@charalampossevastopoulos6241 Says:
Several interest rate rises ! WTF
@lannyjr1042 Says:
And money printing continues and people suprise inflation is high? Aussie dollar is one of the weakest currency maybe second only to yen
@Prognosis__ Says:
RIP Albo government if interest rates goes up again
@rapscallion9333 Says:
Chalmers said repeatedly their expenditure would not be inflationary.
Let's watch how he spins this. Labor lies, high tax, debt, inflation .
@robstone4537 Says:
The Australian dollar is diving because our interest rate is lower than other developed countries. So either we get the interest rate in line with the rest of the world or the dollar keeps sliding and we pay more for imports, increasing inflation.
@XxTheAwokenOnexX Says:
If companies were not busy #PriceGouging people, and causing unsustainable levels of inflation, there would be no need for rate hikes #Economics101
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