Good news on wages and jobs equals bad news for interest rate worriers
Just when we’re hoping rate rises are over, the Federal Budget spending and Unions pushing for higher wages could have Dr Phil reaching for the interest rate lever again.
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Just when we’re hoping rate rises are over, the Federal Budget spending and Unions pushing for higher wages could have Dr Phil reaching for the interest rate lever again.
The pressure’s on Treasurer Chalmers to play Scrooge with wage rises to KO what he says is our biggest enemy – inflation. Can he do…
Early signs of super being used to make mortgage payments is an anecdotal reminder that the RBA must be careful about future rate rises.
Some economists think this Budget will mean the RBA will keep raising rates because Dr Jim Chalmers has added to inflation with his $20.6 billion…
While Treasurer Dr Jim Chalmers can boast about the fastest return to surplus since World War II, those super members with big balances are going…
Last October it was thought this Budget surplus of $4 billion would be a $37 billion deficit! That’s a big miss! Can these guys count?…
Standby for a good news leak from what will be in tomorrow night’s Budget speech.
Dr Jim naturally wants to tax the super rich but will average Aussies be caught up in this tax trap?
Dr Phil has cast the dye with this 11th interest rate rise since May last year. I hope he ends up being a genius for…
Next week’s Budget will reveal that by 1 July 2026, super will be paid with a worker’s pay-packet, not quarterly.