Rate hike, page-17

  1. 20,304 Posts.
    "what IS true is that there's a huge part of the inflation rate in Australia that is caused by rent prices"

    Bullshit.
    Rent prices reflect a return on investment.
    If the banks are paying 5%, then that's the return a landlord fairly expects on the value of their property.
    Otherwise ... why be a landlord?
    The interest rates are driving inflation along, not to mention the CEFMU.
 
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