Can the Australian Government lower interest rates? | The Daily Aus
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- เผยแพร่เมื่อ 7 ก.พ. 2025
- Borrowing money in Australia is expensive at the moment because of high interest rates. Central banks around the world are lowering interest rates, but Australia's rate hasn’t moved from 4.35% since November last year. The Greens are urging the Government to use its legal power to force the RBA to lower rates, a tool which has never been used. In today’s deep dive, we’ll look at how long it’ll be until mortgage holders feel some relief.
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Forcing the central bank to cut the cash rate, thats a good way to get your hands on a first-class one-way ticket to Argentina...
"We need another recession we have to have". So why has the Labor government been on a 70 billion dollar spending spree on tax payers money when the RBA is saying we have to cut spending? It seems that the Labor government and the RBA are fine with the poor people on the mortage belt to loose their family home. Yet the Greens are picking on the RBA. This is madness. Labors spending spree is the reason why we are not in recession now which is the the reason why underlying inflation wont come down. Thank you Labor and the Greens for your mismanagement and cruel spending spree that literally targets the most vunerable people in our society - the people trapped on the mortage belt. Thank you to all governments for resting on their laurals of having the RBA slug mortage holders, in leiu of a fairer mechanism that would target everyone fairly and equally in times of high inlfation!
Interest rates will come down when inflation comes down
That wont be until energy, especially fuel and electricity, come down.The way Labor are governing ,that wont be until they are removed.
If only the federal government had anything to do with the world price we pay for energy!
Start fruitful project in your country cash inflow. Without jeopardy project