superannuation funds poised to lose 50 billion, page-17

NickR

Other central banks have also been dropping rates at different rates of intensity for the past few years (US most agressively) yet inflation has been going north throughout the 1st world in that period.
The now demonstrated fact is that regardless of adjustments in interest rates the inflationary TREND wins out.
All rising interest rates has achieved for Australians is additional pain.

If the Govs of the 1st world want to control inflation the first thing they have to do is reign in their own spending (to reduce demand) .... a good place to start would be to stop picking fights everywhere & then stop printing excess money (inflating supply grossly above GDP)