IMO the reserve bank here is turning a blind eye to inflation atm and it’s going to be to the detriment of the economy long term. Forget your basket of groceries BS calculations, the cost of building a house is 20-30% more than 2020. There’s simply too much money washing around our economy atm and once they apply the brake and raise rates it’ll be too late and inflation will have gotten away on them - just wait and see.
Our reserve bank is a joke, our rates should never have been allowed to get so low - 3% should be the absolute bottom.
IMO the reserve bank here is turning a blind eye to inflation...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $189.5M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.3¢ | $238.6K | 1.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1229889 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 829014 | 11 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
-0.005 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 14.0¢ | 13.5¢ | 1128803 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| AGY (ASX) Chart |