Reserve Bank of Australia

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

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!

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

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.

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.

Someone should tell the old fossil, we are not spending on luxury goods, we are not wealthly like Mr lowe himself. We are spending money on necessities such as petrol, electricity and food.which we have no control over. By giving the banks extra $2 billion profit a quarter will not stop inflation. Unless the old fossil wants us mortgage payers to stop eating, heating up our houses and transporting to work.so the old lap dog can make extra profits for his bank mates.

The entire board of this so called bank exhibited absolute negligence and incompetence, and a complete lack of understanding of economics or banking, when lowering the interest rates to almost zero and then stating that they will remain that low until 2024. The Reserve Bank of Australia is in bed with the Australian banking industry and property developers. They have shown that their priority is for people to deplete their savings and to heavily indebt themselves. The entire board should be fired immediately. If the bank were a private bank it would now be the defendant in a class action for misleading and deceptive conduct. The RBA's recent estimation that inflation will peak at 7% (a figure it revised up from 6%) should be dismissed entirely, as (1) inflation will exceed this amount, and (2) it can be seen that the RBA can't be trusted with any predictions or estimations and that it generally has little to no idea at how its nonsensical decisions and policies impact the Australian economy.

Absolute sickunts

may 2022 edit: dog act mate raising them rates today, had to take a star off

June 2022 edit: absolute dog c@nts ruining my early retirement! 0 stars

Terrible and non-progressive place to work, the office is riddled with bullies at senior executive level. HR supports the bullies. Would give 0/5 if I could!

They spend all this time and money yet they aren’t doing the CRITICAL research! They need to except that causation AND correlation is the SAME THING!

Also tried to open an account and they said they weren’t that kind of bank.

1/5 confused stars