Economist predicts RBA will hike interest rates in November
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- เผยแพร่เมื่อ 19 ก.ย. 2024
- Judo Bank chief economic advisor Warren Hogan has predicted there will be a rate hike in November.
“I’ve still got a rate hike in for November,” he told Sky News Business Reporter Edward Boyd.
“The data in the next two months is going to be critical.”
2/3rds of all jobs in Australia are government funded.
The government is printing billions to pay these salaries!
Our dollar is going to zero if this continues.
Buy gold.
Buy silver
Buy Bitcoin
Btc and gold 🫡@@tomislav8193
@@tomislav8193I have got some crypto, velo, open leverage, and open protocol, are my bets are on.
I think that the crypto is already manipulated by the powers to be…& it’s their next plot to control financial markets even more?
Buy property then sell it in one year because of more rate hikes
An additional rate hike by the RBA is appropriate punishment of Labor for its mismanagement of the economy but sadly Labor mistakes both federally and in states means suffering by the working class. Instead of embarking on the voice, the IR stuff and all the tax hikes the economy that was already in a fragile condition needed to recover first before going on a massive spending spree. The flawed policy setting and incompetent handling of the renewable project has not only driven up electricity prices for consumers but the massive costs involved have filtered through the entire economy.
Also, instead of having a responsible immigration program Labor always goes overboard with everything and this creates one stuff-up after another such that there is now a major housing crisis, the young people of Australia are wondering what their future might be over the next decade or so - all because of Labor and Greens stuff-ups. Now we are in a real mess and Labor hasn't even got the answers to get us out of it.
Do these people wake up every morning and say, "How can we screw the everyday Aussie battler?"
The stupidity of thinking that the Australian economy is different from the rest of the world has been proven to be a total fallacy....
It is different. It's a real estate pyramid ponzi. With nothing else. Even Zimbabwe has a more complex economy.
All we are is a natural resource country with a ponzi property market, we're 40 years behind
Up they go.
Bye-bye Albo 👋
He made me lost my property 😢😢😢😢🤬🤬🤬
Anything Jim says
The opposite follows
Said that 4 months ago you'd see Labor with the RBA hiking rates on us all it will never go away just admit where already beyond a recision
If they raised them 12 months ago inflation would be dead in the water months ago but no we are all suffering with Inflation of both goods and services, plus a weak Australian $ 😡
Australian peso*
Also we cant raise rates higher then 5% people with huge debts and overleverged.
Will bitch and cry on the main stream media about how they are in financial stress and its all your fault.
It’s crazy how much these rate hikes have been impacting everything. My mortgage payments have already gone up so much this year.
It’s frustrating, isn’t it? Every time the rates go up, it just squeezes more out of people. Plus, it affects the entire economy-business loans, homebuyers, the stock market. It’s all connected
I agree with Warren that rates should be higher. The problem is the RBA was like a deer in the headlights when it should have been tightening. They missed the opportunity and now they are at the mercy of inflation. They have snookered themselves. You can’t have your cake and eat it too…
Fair enough, the Kiwi and the US start the hike way earlier than us, and they increased the rate more aggressive than us
the illusion of choice
No such thing as a genuinely independent expert
One should never bet on what an economist says.
Please gawd, let rates keep going up!
Mate. I know there are a lot of people struggling at the moment. And I’m sure there are a lot of people on the fence on who to vote, but I feel one more rate hike will put the final
Nail in the coffin for albo.
This financial system is so old , out dated , and controlled by organizations that don't know how to manage an economy....we need to seek for an alternative system ... and take the power away from these Organizations and allow the free global market move on
BRICS has created, and is moving to, a new financial system. It's completely independent from the swift system. 159 countries have joined up to use/be a part of this new financial system. Russia & China are leading the way. The west is going to become the third world. The west is playing checkers. Putin is playing chess.
We have a weak government. No one has the balls yo do what is necessary.
Increase GST ffs. Even if it is only temporary.
Chalmers accusing the opposition of being divisive is like Dracula accusing his victim of being blood thirsty.
Exactly my thought.
I used to work for a living and I spent half of my life studying part-time. - I always paid my taxes, so I expected Australia to be better than it is. Other people have let us down. - Both Tony Abbott and Bob Hawke were Rhodes' Scholars at Oxford University, where Friedrich Von Hayek's neoliberal economics are taught. His book 'The Constitution Of Liberty' is the idiots' BIBLE - it is a justification of cynicism, and the main reason the economies of Australia, the UK and the US are in trouble. People who believe such crap are idiots. Read the book and get your heads straight ! - Margaret Thatcher was an ideologue.
So deperate to override interest rates and win the election
I never thought about that 🤔 it makes sence though.
United Australia Party we're going to leave them on hold for 4 year's and that was before the first rise.
Great way to ruin the holiday season for every Australian! Good job government!
Treasurer has recently blown his credibility, his timing on now pushing this appears strange
@alistairdancepmm he wants his hand picked mates to do what he wants and make him look good typical trash
Albo does not represent Australians, he thinks we are all stupid. Let’s hope he is wrong
What ? he thinks we are like him ................ He is just the Dopey front man for the Proto Communist Party ( Labor ) .
Makes no sense to punish home buyers for government over spending
why not scrap the cash rate variability and the RBA the power to alter the GST amount to influence the economy giving the treasurer the veto power over that.
it will be faster impact on the economy and would give the ability to target the entire population rather than the small part holding mortgages.
The government has many opportunities other than interest rate hikes. Real estate lending costs get handed down in higher rents and harder first home ownership hurdles to jump.
Hogan won’t be happy until rates are 77%
Another fucking expert
Makes claim with out any logical reasoning.. Judo bank... making a name for himself...
And yet Gov has not stopped spending??
And we have to keep footing the bill for reckless people actions
She wanted to raise it two weeks ago, she gave albo delay in execution tis all. It will go up again.
RBA kept rate way too low. 1.15% below US is insane. Of course that will lead to inflation. Should have bankrupted property investors instead of the working population. That WAS a choice.
Origin Energy increased their profits massively over the last 12 months off the back of inflation inducing price rises, but do raise interest rates to punish the mortage holders for something that Corporations like Origin Energy have done........ Raising interest rates will punish small business as consumers totally cut spending to the bone and retailers as we head into the Happy Holidays period.
I do not think rates will rise.
God, no, I can't survive another one.
Nobody can.
Rates are LOW
Gee, thos country has a plethera of problems that need fixing.
Absolutely in order to limit the long term PAIN if they don't!!!!
You’re absolutely dreaming if you think rates will go up.. tell that to the bond market .. rates are already late to be cut
Jim Chalmers just slipping by, and hoping the economy works its itself out by next year’s election..Out they go…
Shirley you can’t be serious!
Please go up
Keep the rates and reduce income tax
Finally the woman that's all bark might actually have bite let's wait and see right now it'd just woof woof woof woof
We've got an inflation problem. I've seen personally over the last 3 to 4 days.
Even the doctored ABS numbers are above the RBA target band, so we know the real rate is higher again.
I can’t wait for rates to go up again that would be so fucking funny
They definitely need to go higher
Just ONE " economist ".
Probably works for the BOM as well.
Oh great more high paid government jobs for the middle income to pay for
Judo bank economist....
I am sure rates will go up, at least once before the next election.
Could you just imagine all the people crying and whinging?
Warren Hogan the guy who keeps making mistakes in his predictions about interest rate decisions 😂😂😂