- Jul 19, 2010
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The not so brilliant Dr Chalmers now residing over the 12th interest rise since the ALP came to power....remember when the same twit loaded up on the LNP Government when there was an interest rise...well buddy your mob are now heading to World champion status in that regard...and cost of living running rampant with queues around the block at Foodbank outlets at the same time..
I’m old enough to remember when the “experts” in this thread were telling us that destroying the economy for three years was all good, she’ll be right mate, nothing to see here, no problems at all.
It won’t go up another 3%. There won’t be carnage just like the sky didn’t fall in with Covid-19 or didn’t collapse with the GFC. It will be a bit of a shake up but those who have been around for yonks have seen it all before.
It will in all likelihood the RBA cash rate will probably land between 1.5% and 2%, so another 0.65% - 1.15% increase in interest rates over the next 9-12 months.