The RBA, politicised conmen with a gun to the head of the Australian economy

[peetoo]

You had one job

 

[Kram]

And they did it with the correct and obvious decision.

 

[peetoo]

And they did it with the correct and obvious decision.

A decision to not discuss the hottest topic right now? Unforgivable

 

[Sphynx]

The standard of living has always been rising. My dad grew up in a house which had dirt floors for a long time. Mum didn't like going over there cos they had fleas.

People are being squeezed on standard of living to pay existing property owners larger and larger profits.

How exactly does this work with higher interest rates, shrinking yields, higher holding costs (land tax, insurance etc) and capped rental income increases which are not in step with CPI increases anyway?

How are they making more profit in some of these regional markets? (Not all, Perth as example, but the inverse was correct for about 15 years whilst other markets were booming).

If this statement was correct, we'd be seeing a housing boom through private investment, we are seeing the exact opposite.

 

[Gough]

A decision to not discuss the hottest topic right now? Unforgivable

You'd have thought with Trump shouting about tariffs at the top of his voice the topic might have at least been raised.

 

[Golden_6]

You'd have thought with Trump shouting about tariffs at the top of his voice the topic might have at least been raised.

Rightly or wrongly, they were always going to sit on their hands in regards to the cash rate right before the election to avoid appearing to be influenced politically.

It appears there will be a 100% chance of a rate cut at the next meeting though.

 

[peetoo]

Rightly or wrongly, they were always going to sit on their hands in regards to the cash rate right before the election to avoid appearing to be influenced politically.

It appears there will be a 100% chance of a rate cut at the next meeting though.

Then why not say so? We are all grown ups here

 

[Golden_6]

Then why not say so? We are all grown ups here

I think it's pretty clear large sections of the media & the population aren't.