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Interest Rate rise 25 basis points, page-7

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blueballs

19,759 Posts.

485

03/05/22

15:21

Post #: 61175518
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Originally posted by eagle888 ↑

This will be the final nail among the many nails in the Morrison govts electoral coffin. The even more alarming news is that this is only just the start of the rate hikes. Our self professed Morrison economic gurus have created the mess of high inflation at the same time as wage stagnation

"If passed on in full by banks, the rate rise will add more than $50 a month to repayments on a $500,000 mortgage, and double that on a million-dollar loan."

https://www.abc.net.au/news/2022-05-03/rba-interest-rates-rise-25-basis-points/101033156

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Idiots can’t do maths
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