Normal
to absolutely no ones surprise, but to many homeoeners dissapointment, the RBA kept rates on hold.Significantly for the Treasurerin particular, nd the Albanese government in general, the minutes state that it had underestimated the level og government spending.From Evil Murdoch press[ATTACH=full]187387[/ATTACH][ATTACH=full]187388[/ATTACH]Chalmers is making the same mistake that Morrison and the LNP made during the COVID pandemic, increasing the money supply at a time when it should have been shrinking.It would be less of a problem if it went into something that was in the market sector, but it has gone into consuming public sector orgsThe general public already knows all this. Both the RBA and CBA bank have pointed out that most of the extra income generated from recent tax cust have gone into interest offset accounts for home mortgages.Mick
to absolutely no ones surprise, but to many homeoeners dissapointment, the RBA kept rates on hold.
Significantly for the Treasurerin particular, nd the Albanese government in general, the minutes state that it had underestimated the level og government spending.
From Evil Murdoch press
[ATTACH=full]187387[/ATTACH]
[ATTACH=full]187388[/ATTACH]
Chalmers is making the same mistake that Morrison and the LNP made during the COVID pandemic, increasing the money supply at a time when it should have been shrinking.
It would be less of a problem if it went into something that was in the market sector, but it has gone into consuming public sector orgs
The general public already knows all this. Both the RBA and CBA bank have pointed out that most of the extra income generated from recent tax cust have gone into interest offset accounts for home mortgages.
Mick
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
