Interest rates are inflation not controlling inflation
@offclan2141 Says:
Yes it’s good interest rates should be 10% to control over priced property and groceries
@cinematicsensations219 Says:
Its a seesaw effect to rob people of their wealth. Rates were kept at zero % worldwide for some time to rob savers of interest income, now the aim is to hit "FOM" property buyers with high rates to extract "more juice" out of them so that they are eventually forced to sell because of overleveraging which was allowed to take place by the banks.
@cinematicsensations219 Says:
Spot on! Cash rates will still need to rise for some time yet. All this talk of cash rate cuts was a "red herring" to avoid a massive sell off of properties by already overleverage greedy Aussies wanting to make quick gains by doing nothing productive that contributes to the economy. The "red herring" was to avoid a dramatic property crash to create more of a "soft landing", using the terminology normally used by the RBA in such a serious economic situation.
@SusanKassandra Says:
Your joking mine is already 7%NAB. So what you talking about
@dazacroft7491 Says:
any increase gets passed on to the tenant
@eurekaelephant2714 Says:
2 more interest rate rises to flatten the curve...
@eurekaelephant2714 Says:
Theres going to be riots on the streets soon.
@lovechineseforeverever2 Says:
YIPPY MORE INTEREST FOR CASH
@BetAgain2 Says:
Double digit interest will come to tame inflation.
@fullspectrumdominanc Says:
Try 15% the time has come to take everything you have.
@boltang Says:
Good hope it goes to 20 % like it did not that long ago. And I hope the tax goes up even more. Also bring in the next Adam brandt government , come on Aussie vote properly ,Albos not hard enough. He needs to let much much more immigrants intot the country and represent the voters allot more. I think an open border with Indonesia will should be the go! Bring it on i say may as well.
@ashdivakaran9664 Says:
Australians are addicted to debt like a drug. Now the drugs have got more expensive.
@CrazyCdawg Says:
One Nation guys. Stop voting in the same parties, when are people going to wake up and realise libs and lab are both as evil as each other.
Pauline #1
@Stuey-007 Says:
The ignorance of this audience is nothing short of staggering… fascists alive and well
@Denise-eb7vg Says:
Waiting for the bubble to burst
@cybasmuggla3697 Says:
Rates are still cheap.
Never should have gone below 3%.
@anitacohen8753 Says:
Did anyone believe that "pissant" rises of 0.25% were going to do anything?
@tomislavkobilarov5704 Says:
Yes, Australians need pay raise but not mortgage rate raises. As soon tax go down Banks increase interest rate. Just another robbery 🥴😡😡
@al4484 Says:
This is a worldwide. They printed too much money.
@TheRubberStudiosASMR Says:
No longer a lucky country.
@Tpry Says:
Refined Olive oil from $10/ liter to $ 17/liter in 6 months time.
@Tpry Says:
Meat bones $8 per kilo.
@Tpry Says:
Home/building insurance has risen from $1200/year to $1,600/year.
@Tpry Says:
Frozen green beans has risen in price from $2 to $3 in 6 weeks period; , then from $3 to $4.50 in the last 2 weeks period..
@GucciPVNDA Says:
Stop sending money overseas, so bring in immigrants. That’ll be a start
@ymaster8719 Says:
Every aussies are suffering and yet our govt sent 100mill of our tax money to zelansky
@therealuglytruth9288 Says:
For those of us old enough to be there this is nothing compared to the 20% plus we had back in the late 80's early 90's.
@malthomas5079 Says:
Hell no albos gotta go!!!!!
@luzmilacareballi Says:
Glad I got Silver and Gold. Goddluck everyone else believing in fiat currency.
@martinleung212 Says:
The CPI per capita is already in recession, there is really no need for further rate hikes.
@xpictos777 Says:
Nothing is better since Albo came to power. Higher interest rates at this point will fuel inflation, those who are getting squeezed will up their goods and services and rent. They're squeezing the wrong people.
@damo7228 Says:
Sky News. Its almost May 2024. Interest rates could go up in 2024 ?. They could go down also in 2024. But if they do go down. Will you blame the government?
@LeGrandeCappucinna Says:
Be careful what you wish for… you might want higher cash rate, but whether you are a buyer or a renter, you will be homeless, and homelessness will be driven up.
Remember: less investors = less rental properties
Be VERY careful what you wish for.
@Eric-jo8uh Says:
I remember paying around 16% during another Labor government. People are grizzling now?
@JoeyBlogs007 Says:
Prices fell in April.
@AP-ei4jt Says:
Western clown politicians keep on poking the hornets nest around the world causing massive increase in energy prices and subsequent inflation. These criminals belong to jail.
@matthenson8930 Says:
As a Canadian living under WEF Trudeau puppet it gets bad and I hope the Aussies wake up before they end up like ys
@teatree6228 Says:
Rba rates should be at 5% to 5.5% and stay above 5% for at least 5 years
@markgamble568 Says:
2% interest rates were always crazy and never sustainable. I can’t believe anyone ever thought otherwise.
@alech120 Says:
Well said, Warren! It'd be better to let off steam now to prevent further stagflation.
@PaulAkerley Says:
Smiles Miles the Queensland premier is helping. Giving his union mates 50 percent increase in pay. And having twice as many days away from work.
@turbyoulance Says:
at least one more rate hike needed.
@jonnyrockhard6626 Says:
Rate hikes from here WILL crash the economy and send us into a f’ing massive recession. Economy is really slow here in Brisbane no one has money ,
@markcanale8668 Says:
I recommend ceasing the tax rate reform that will take place on 1st of July. The rax rate decreases will definitely increase inflation hence interest rate rises.
@petertimp5416 Says:
“Not good news”!!!😊
@mohammedfahad4223 Says:
Ain’t going to happen. Stop creating panic amongst people.
@AdamVHS Says:
Excellent always good to hear those in charge couldn’t work out a piss up in brewery fucking useless, vote no confidence and get em out
@nyosito Says:
We own a shitty cheap house in a less desirable area near an airport that needs a lot of work. No mortgage. My kids go to private school. Many friends have high mortgages to live in desirable areas with good "free" schools and are being hammered. Raise the interest rates to 15% for me please. I'll happily take the savings boost.
@neveragain3156 Says:
The RBA has to do what’s right for the country and not for a select few with a large mortgage
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