Woohoo – they did it !! Another 0.25%. Be still my heart….
‘scuse the dripping sarcasm. Opinions still seem to be mixed about whether there will be more drops or not. Many say 3 more this year (and our re-elected Treasurer is one of them) and yet others say “Not so fast” – tariffs could impact inflation yet !!!
I’ve heard the average saving from the 0.50% drop is around $200 a month. If that is so, then the 13 increases totalling 4.25% must’ve cost (on average) about $1700 a month. So I don’t think too many will be leaping for joy just yet. Still, it seems the RBA have learned the lesson of “Make a move then sit back and wait a bit (like they used to).
Time will tell, and I don’t plan to hold my breath – how about you?
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