@ALeighMP You talk to us about piss arse change when you should be talking about the multi billion dollar deficit fuelling inflation at four times the amount per annum that you have just allegedly saved us. The 1-2% will just be added to the price anyway you clown.
@bamfo_b@JEChalmers If you pay money as interest payments, you can’t purchase as many goods which slows the rise in cost of those goods.
If you don’t have a mortgage, and instead have cash in the bank, you will receive higher interest rates on that money.
RBA logic is spot on.
@Peter_Fitz Politically it’s fine because it makes no difference if Australia hits net zero or not. Might as well save everyone some money to prepare for the apocalypse. Or non apocalypse.
@JEChalmers So, living standards are down, real wages lower, but because you’ve shrunk the pie adequately, the workers proportion looks better. Well done, Jim!