that looks good reaper but not all is as it seems. rents continue to increase, as do house prices. petrol is volatile and just as likely to rocket back up or fall lower depending on international conditions, and my last insurance invoice gives me a 20% increase, having remained below other insurance companies costs for some years...
yep the RBA will make their decision when they are convinced that the harm from maintaining the current setting is more than the benefits of lowering the rate.
the rounds of wage rises, moderated by FairWork comm, will likely continue so demand is a major factor to watch, but productivity being so flat and faltering that it might push them to lower the rate sooner. what a balancing act they are tasked with.
