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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44 COMMENTS

  1. 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.

  2. 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!

  3. 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. 😅

  4. 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!

  5. 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.

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