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.
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-…