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Treasurer takes a swipe at banks ahead of predicted interest rate riseThe rising cost of living pressures are set to worsen for millions of Australians with the Reserve Bank expected to lift the cash rate for a fourth consecutive time as Jim Chalmers slammed banks for a 'disappointing' move. JEChalmers has already LOST control Jimbo… no plan, no idea. In the treasurers own words… we just have to weather it. But, Albo has a plan, right ✅
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘The first things to go’: How rate rises will hit spendingEating fewer meals out, hitting pause on planned home renovations and forgoing the latest fashions are just some ways households are expected to manage further interest rate rises. Translation: I fcked up by taking out a jumbo mortgage I couldn’t afford, to overpay for a crap house, but bought anyway because I believed Philip Lowe’s ‘no rate rise till 2024 speech’, and because of FOMO trying to keep up with my mates in the Eastern Suburbs 🤦🏼🤦🏼
Source: FinancialReview - 🏆 2. / 90 Read more »
RBA to decide another rate riseThe Reserve Bank of Australia will decide today if it will lift interest rate once again. There goes my tax return Two decade party had to come to an end......Can't live on borrowing and equity from home prices going up every year. Time to balance the ledger.
Source: SkyNewsAust - 🏆 7. / 78 Read more »