Inflation

[SirRumpole]

They should've hiked long ago.

My term deposit account agrees.

 

[wayneL]

My term deposit account agrees.

They are still too low, imo

 

[SirRumpole]

They are still too low, imo

Definitely. Profit gouging by the banks.

 

[divs4ever]

They are still too low, imo

too low for me to open a term deposit account

have an interest-bearing holding/'savings' account and use that to play 'hot potato ' with cash

i consider cash is trash , but a handy stepping stone to worthwhile assets

 

[SirRumpole]

Definitely. Profit gouging by the banks.

No news to anyone here, but others agree that banks are profit gouging.

How banks profit from high interest rates as they test 'social licence'

Australia’s major banks are awash with rate-hike profits, with a leading expert saying the limits of their social licenses are being tested

www.thenewdaily.com.au

 

[over9k]

Moody's rerates the yanks to negative from stable. Let's see how many hikes it takes for aus's fiscal position to get downgraded.

 

[qldfrog]

Immigration =inflation= no roof on your head=increase rates

Albo hands RBA a "true economic shock"

The AFR has finally caught on to the fact that the Albanese government’s unprecedented immigration program is lifting inflation and means the RBA will need to keep interest rates higher for longer: “Low housing starts are also feeding directly through to higher house prices (which the RBA...

www.macrobusiness.com.au

Next stage will be and no job...
Looking good for social cohesion in our great country

 

[over9k]

Immigration =inflation= no roof on your head=increase rates

Albo hands RBA a "true economic shock"

The AFR has finally caught on to the fact that the Albanese government’s unprecedented immigration program is lifting inflation and means the RBA will need to keep interest rates higher for longer: “Low housing starts are also feeding directly through to higher house prices (which the RBA...

www.macrobusiness.com.au

Next stage will be and no job...
Looking good for social cohesion in our great country

You must be a racist if you oppose immigration frog.

Green lives matter!

 

[againsthegrain]

You must be a racist if you oppose immigration frog.

Green lives matter!

These days you don't need to oppose to be a racist, if you don't support your a racist too.. say palestine for example

 

[divs4ever]

You must be a racist if you oppose immigration frog.

Green lives matter!

immigration without adequate infrastructure will create slum conditions

which is more racist , importing people we can't accommodate in a humane manner ( creating a desperate peasant class ) or restricting migration to those we can accommodate with dignity and equal opportunity

 

[farmerge]

immigration without adequate infrastructure will create slum conditions

which is more racist , importing people we can't accommodate in a humane manner ( creating a desperate peasant class ) or restricting migration to those we can accommodate with dignity and equal opportunity

Crickey resources are stretched to the limit now. The lackey band is in its death throws as it is about to snap.

 

[over9k]

Nah guys this is all just a smokescreen for your hatred of immigrants.

 

[qldfrog]

You must be a racist if you oppose immigration frog.

Green lives matter!

Yes, much certainly seen like one by the leftist wokes and so called Greenies who have never planted a tree or a seed in their life, nor worked/sweated either yet claim to defend the workers lol

 

[divs4ever]

Crickey resources are stretched to the limit now. The lackey band is in its death throws as it is about to snap.

yep , that is what i was pointing out , it isn't just an accommodation shortage ( in some places ) it is the lack of back-up stuff , like power , telecommunication lines , water and i won't even mention the parking lots ( OOPS ! motorways )

 

[divs4ever]

Nah guys this is all just a smokescreen for your hatred of immigrants.

i don't mind the migrants , i just don't want to see them desperate , starving , and underpaid HERE

wait until the Olympic Games where are all those 'visitors ' ( potential queue jumpers ) going to stay

( and what about our over-stretched healthcare system ? )

 

[sptrawler]

Nah guys this is all just a smokescreen for your hatred of immigrants.

Says all the property owners, in Melbourne and Sydney.

 

[over9k]

Says all the property owners, in Melbourne and Sydney.

And the greens voting morons that support the very things which cause the problems they moan about

 

[greggles]

The more things change, the more they stay the same. The way humans never seem to learn from history is one of our great weaknesses.

 

[Telamelo]

No news to anyone here, but others agree that banks are profit gouging.

How banks profit from high interest rates as they test 'social licence'

Australia’s major banks are awash with rate-hike profits, with a leading expert saying the limits of their social licenses are being tested

www.thenewdaily.com.au

Our Big 4 Banks posted a whopping $32+ billion in combined profits!

Bit of a hard pill to swallow for most in current times.

 

[frugal.rock]

These days you don't need to oppose to be a racist, if you don't support your a racist too.. say palestine for example

That sounds like something a rascist would say.
That, or a bigamist.
Now, are you one? cause your deffo sounding like one of 'em.
Fascist maybe? Is your surname Mussolini?