After RBA 0.25% rate cut reprieve just announced.. watch for price gouging by retailers, fuel servo & supermarkets to commence in hiking up prices
Big 4 Banks may not even decide to pass on interest rate cut on home loans (bet you they'll immediately cut savings rate on accounts)
https://www.news.com.au/finance/economy/interest-rates/rba-cuts-cash-rate-for-first-time-since-november-2020-in-huge-boost-for-homeowners/news-story/f344071ff4e010c1ab6ff3c7910ae27f
P.S. Rate cut is bullish for Gold & great for junior gold producers/explorer's means cheaper funding going forward
