| Australian Politics Forum | |
|
http://www.ozpolitic.com/forum/YaBB.pl
General Discussion >> General Board >> RBA increases cash rate to 1.85% http://www.ozpolitic.com/forum/YaBB.pl?num=1659418640 Message started by Lisa Jones on Aug 2nd, 2022 at 3:37pm |
|
|
Title: RBA increases cash rate to 1.85% Post by Lisa Jones on Aug 2nd, 2022 at 3:37pm In a widely-anticipated move, the Reserve Bank of Australia (RBA) increased the cash rate at today’s board meeting, from 1.35% to 1.85%. This is the fourth month in a row that the RBA has increased the cash rate. Future rate rises are all but certain, possibly as early as September. Bottom line: Expect more pain if you're over committed because inflation is also rising and it's heading towards 9%. |
|
Title: Re: RBA increases cash rate to 1.85% Post by Bobby. on Aug 2nd, 2022 at 3:56pm
Luckily I don't have a mortgage.
|
|
Title: Re: RBA increases cash rate to 1.85% Post by John Smith on Aug 2nd, 2022 at 5:50pm Bobby. wrote on Aug 2nd, 2022 at 3:56pm:
yes, you're very lucky to be homeless ::) |
|
Title: Re: RBA increases cash rate to 1.85% Post by Bobby. on Aug 2nd, 2022 at 6:02pm John Smith wrote on Aug 2nd, 2022 at 5:50pm:
Yeah right - I'm living under a bridge. ::) |
|
Title: Re: RBA increases cash rate to 1.85% Post by John Smith on Aug 2nd, 2022 at 7:03pm Bobby. wrote on Aug 2nd, 2022 at 6:02pm:
I thought it was the public toilet but now that you mention it, I can see you living under a bridge |
|
Title: Re: RBA increases cash rate to 1.85% Post by Lisa Jones on Aug 2nd, 2022 at 9:03pm Bobby. wrote on Aug 2nd, 2022 at 3:56pm:
Rents are going up too. Along with inflation. |
|
Australian Politics Forum » Powered by YaBB 2.5.2! YaBB Forum Software © 2000-2026. All Rights Reserved. |