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RBA refusing to play ball by hinting at interest rate hike

The RBA is on the verge of pulling a red card on borrowers appealling for an interest rate cut.

Boy sits alone on sidelines as team plays on field.
Borrowers waiting for a rate rise have been sidelined for now. (Image source: Shutterstock.com)

Listening to the RBA trying to tell you to prepare for an interest rate hike is a little like having your best friend and teammate try to tell you that you won’t be playing in the local sporting competition finals.

There’s a lot of preamble – “you really are improving as a player”; there’s plenty of supporting evidence –  “it’s just that someone has to miss out and for the sake of team balance…”

And there’s the final hammer blow after the long-…

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