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moondoong

49,004 Posts.

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29/07/24

21:08

Post #: 74970360
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Originally posted by Wazza3006 ↑

It's rather offensive that the RBA has only ONE lever to pull; target those who can least afford rate rises. The bank should be in a position to target profit margins and prices; disposable income and capacity to spend are not the only inflation drivers.

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The people who take out loans can fix their rate.

They take a variable rate, they take the risk.
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