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The 2014 Budget - Is it enough to Win next years election ?, page-38

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Cowboyinvestor

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15/05/24

17:09

Post #: 73841236
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Originally posted by ktrianta: ↑

Pretty much ended any chance of a rate cut this year, unless of course we lurch into a full blown recession.
Can't see the RBA cutting as the underlying inflation rate won’t fall due to an election handout from Albo on electricity.

The real danger is if the RBA sees evidence that the additional spending is adding to inflationary pressures and acts pre-emptively.

That will consign Albo to a one term government. Even Whitlam won 2 elections, but Albo is shaping us as worse than Whitlam, so it wouldn't be a surprise if he screws it up.

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The government just made the RBA's job a whole lot more difficult then it needed to. Make no mistake, if we see an interest rate rise between now and May 2025, it is because of Albanese & Chalmers
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