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zatbz•

I kind of agree, RBA should have increased the interest rate 1% each time for the last 2 months, they are behind the curve and it is getting harder to catch up

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Hopping_Mad99•

I think it should be 1% every two-three months.

Raising it by a small amount each month doesn’t give adequate time for the previous rise to be felt by households due to higher cc/mortgage repayments and for them to adjust their spending patterns accordingly.

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Electrical_Age_7483•

Surely people feel it and adjust as soon as it's announced I know I have

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threeminutemonta•

I listen to 7am most mornings and cringed a bit seeing the name thinking it was a beat up. Though found this episode extremely insightful. Mike Seccombe told a good story comparing the RBA boards with others around the world.

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