Reserve Bank of Australia

Excellent enterprise, balanced and does the hard work of tackling price stability. RBA should also be in charge of setting fiscal expenditure to ensure governments don't overspend and are prudent with taxpayers dollars

So out of touch with the real world. Get out of your ivory towers, give up all your perks and exclusive low interest loans and try living in the real world

Pls stop raising rates bcos rich Australians can buffer their lives against inflation. Think about the average man pls.

RBA: supercharged property prices by taking interest rates to zero

Federal Gov: keeping property prices high by supercharging immigration

You need to drop interest rates urgently please to ease peoples costs to service their mortgages. You have gone way to hard. It’s easy to stop an economy clearly but it will be slow and painful starting it up sgsin.

Dr Lowe's notorious pledge to Australians, made as recently as 2021, was that interest rates would not ascend again "until at least 2024. " This was one of the main reasons why a large number of investors enthusiastically sought loans from banks and funneled their funds into the housing market. Unfortunately, these aggressive investments have induced a surge in housing prices, pushing them beyond manageable levels.

Its the opposite these rate hikes have cause housing and renting inflation i think its time to lower it all its doing is helping the rich and is stabbing the poor.booo time to lower it to 0.14.got it ive lost 200 a fortnight on a pension thats like my food money wheres my food gonna come from
my rent has gone up almost double.i basiclly have lost any savings and maybe alot of my food on these rental increases when the money increases in welfare or jobs it doesnt cover these costs caused my rate hikes.people need to spend to help business you need a balance.you literally need to add 200 dollars extra to cover my losses and im not lying.but even if you do lower it are the landlords and real estate gonna lower it back down what has this caused

How can you justify spending $25,000 on a single dinner for you and your mates and then have the Hyde to tell us we're spending to muchand that inflation is our fault. We can barely afford to eat. Hypocrites!

Please read this to understand why increasing interest rates is our own doing partially. RBA Moving swiftly to tackle high inflation and keep the dollar competitive and valued. In 2021-2023 unfortunately, people behaviour unexpectedly added billions of dollars into circulation by rapidly demanding and increasing house prices. Wages have increased as well and unemployment have decreased leaving the RBA no choice.

Who ever got a supercheap loan at a low 2% in 2021 and 2022 with a serviceability of only 3% should have realised sooner or later interest was going to go up and made provisions to either buy a smaller house instead or work longer hours.

Also just go to the shopping malls and see the spending habits of people

I think we are directly seeing the effects of our own doings.

Someone can explain to me why am am wrong. I am not an economist.

All you've done is raised inflation, ruined families, sent millions homeless or into unpayable debt, benefitted the banks and your rich mates, and doomed Australia.

I called asking whether the Reserve Bank was available for a children's party as a clown, as I heard they were available from September for further tomfoolery. The Reserve Bank was unable to accommodate my booking.
My son is crying, thank you

All these gronks leaving 1-star reviews have less IQ than a hamster. Increasing the cash rate cools off excessive borrowing & so decreases inflation. It's not Philip Lowe's fault you're on the streets after you went beyond your means. Grow up and take an L fellas.

The worst institution which has plunged thousands of Aussies into debt shamelessly with incorrect forecasts

Philip Lowe acts too much that makes our life suddenly like living in the third world. I could afford one piece of toast four months ago daily but now I could only afford quarter to half piece of toast daily. The crazy increasing interest rate squeeze up all my saving unless we took all my family including 1 yrs old baby sleeping on the street, to avoid spending crazy mortgage repayment after the crazy cash rate rocket raised by Philip Lowe. Thank you Philip for bring us to the third world!

Dr Lowe to be sacked. Liar and deceiving Australian people. What a fantastic few years we have had. All these rate rises have had no effect at all on inflation. Nothing at all with inflation still increasing.

Petition for Lowe to be sacked

The recent crash in pay id payments at the hands of the reserve bank is absolute disgusting. People left without money to feed their kids and pets or basic necessities getting to work- its a basic human right people should have access to their money. Hoping the reserve bank suffers law suits and everyone decides to boycott the banking industry and just use cash. I wont be trusting banks and transfers after this.

Very disappointed with the misleading and reckless rate rises made by the RBA. The RBA goal is to serve the people not put them in mortgage prisons.

"Real-time" payment system Osko was taken down by a technical fault overnight (12 Oct)
The Reserve Bank has taken responsibility for the outage
Banks are scrambling to process a payment backlog

NOW IT'S TIME FOR ME TO SELL MY HOUSES & LIVE ON THE STREETS SINCE THEY RAISED THE CASH RATES AGAIN TODAY

Thanks to all the shiny pants and pointy heads that think ruining families by putting up interest rates will solve our problems.come out of the ivary tower and talk to the workers.