#RBA 9th Consecutive Rate Hike Is ONLY Tip Of Pain Now To Mid-2025!, page-6

  1. 28,643 Posts.
    lightbulb Created with Sketch. 89
    " he's out of his depth!"
    True, but so was the last lib govt.
    While the initial jobkeeper was warranted, ol josh, just wouldn't turn the tap off.
    You can have too much of a good thing , the fool morrison along with josh maxed the credit card out, with inflationary largesse.

    Raider

  2. 8,742 Posts.
    lightbulb Created with Sketch. 95
    The entire RBA need a shake up. They dropped rates far to quickly and for far too long. Together with the billions handed out from 2019-2022 that started inflation on this spiral. Real estate prices went to crazy heights egged on by the real estate industry, banks and media. Now we have 9 rises in a row to counter.

    Once this tsunami of rises levels off I hope to hell that a new RBA can put an end to the boom and bust cycles of interest rates. It needs to be slower to move both ways.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.