The RBA has made its first cut in five years, cutting the interest rate to 4.10 per cent | *Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9*
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I mean Liberal will just drag us into the trash like Trump is doing in USA, Labor aren't much better, we need to vote for anyone else as our primary vote.
CUT CRIMINAL NEGATIVE GEARING
Yep Chalmers bullied them to align with Labors election agenda. Too little too late
Who is running the RBA interesting that it comes when Albo is about to have an election what coincidence, I hope the Australian people can see through Albos smoke and mirrors
Interesting timing for a rate cut, completely seems like a political move. Albo and Labour gotta go. Had they managed the economy better there would've been 10 more rate cuts by now.
That’s nothing 😢
Well done Albo now I can afford pizza 👏
So sad to see how addicted we have become to debt 😢
?? 0.25%. Big deal.
Rate cut just in time for Albo the elbow to change an election for 29March….
1 mill save $154 hehe
Dutton, supported by Gina Reinhardt, who was a guest of Trump at Mar a Lago last year. Liberal party who donated 500,000 to Advance Australia, a lobbyist group, which strongly aligns itself with Trump (don't believe me, check out their website). If far right conservatism is your thing, go for it. If you are a woman, you've got rocks in your head.
How many people clicked the thumbs down.
Watch Airbus Albo take full credit for Labour's great efforts 😂
FYI peeps, Albo has no say on rate cuts, but yes he’s one of the worst no clue woke PM’s we’ve ever had – MAGA!!
Make Australia Great Again 🎉 – get rid of labour.
Gentleman Jim Chalmers is an economic genius. Well done 🇭🇲💪
I don't see the real inflation dropped, groceries are still expensive….sorry
Won't change who I vote for.
This shows how slave all are to govts decision. They threw a bread crumb at us 😉
How much will I save for 300k loan ?
Next RBA 2025 meetings before the Federal 2025 Election are 3 : March, April, May.
Let's see what's on the table!
Thank goodnesss!
It's a start but the rate cut is not because the voverment has done anything!
Our backs are broken we simply don't have any money to spend in the economy besides for bills and food.
The government has hired how many public servants in past 3 years like 20,000
All that increases inflation because it's OUR TAX money paying for it!
And it 💩 me up the WALL when goverment say wages have gone up!
NO ONES wages have gone up besides police, ambulance, all goverment staff, fire service, train staff.
These are all goverment funded services they get pay rises regularly
BUT THESE are not 70% of the population of private sector.
Who don't get pay increases unless he FIGHT DAMN hard or take risk of a new job!
$20 a week
Yayyyyyyyy
USA inflation is returning. AUD may even fall further from USD soon.
$100 less a month for my family. Go Albo.
Not enough 0.25
Very late. Too little too late.
Please don’t call it breaking news . Brokie news instead
Worst PM in Australia right when we needed a decent one. Wastes a year on a referendum that was never going to work. Australia turned into a 3 world country.
An election will be called now
9 news sux. Mr Trump rocks.
this is pathetic. 0.25%
look at these fake people. talking about something that dosent affect them
It’s an election bait.
RBA lost it's credibility!! and bent to political pressure 😢
Guess what Election is coming up of course there will be rate cuts now 😅
If peter Dutton was pm, this rate cut wouldn’t have happened and of course no medicare
Omg 😮 thanks so much now i can finally afford an investment property and build some generational wealth… Oh wait i forgot .25% is barely a saving and I'll still have to pay land tax if i do, so i guess I'll have to be content on me and my children being debt slaves then escape into Netflix and other coping devices to avoid looking at reality. 😅
Get back peanuts
Some BS here! Now wage growth is exceeded inflation and vlahos saying its a double edged sword in todays news! Seriously you guys have no clue as to wtf is going on. Our dollar is nit going further. Just FOS!
And so today she said we should have cut interest rates earlier. The one before said no interest rates until 2024. The absolute incompetence.
The Reserve Bank of Australia (RBA) primarily relies on interest rates as its key monetary policy tool rather than exchange rates. As a result, the weak Australian Dollar (AUD) fails to serve as an anchor for price stability or help keep inflation low. Consequently, higher inflation leads to higher interest rates, which in turn increases the cost of living.
AUD is simply weak! The AUD is left to fluctuate based on global market forces, making it vulnerable to external shocks. A more active exchange rate policy—such as direct intervention or managing it within a controlled band—could potentially stabilize inflation and reduce reliance on aggressive interest rate hikes. Do better RBA cause Aussies rely on you to strengthen the AUD.