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Today the independent Reserve Bank Monetary Policy Board increased the cash rate by 25 basis points.
We already had an inflation challenge in our economy but the war in the Middle East is making this challenge worse.
At a time of immense global instability, this will put even more pressure on families and businesses.
Many Australians were already doing it tough and are now feeling the impact of conflict in the Middle East through higher petrol prices as well.
That’s why we’re rolling out responsible cost of living relief and taking action to give consumers a fair go at the bowser, through higher penalties, more surveillance and more supply.
@pcet2022 Lol, blokes burning cos he can't buy a house and tries to come up with random bullshit to spin instead of calling out Albo and his cronies.
Blind and weak person.
@Verennial01 So you have absolutely no idea how your own Economy operates?
Or it's impacts on Australian Citizens.
And absolutely no idea what policies these two "patriots" support.
Simple question -
Do they support the Right of Australians to Employment?
Yes or No?
#auspol
🚨 BREAKING 🚨
@mattjcan destroyed his leadership at his opening press conference. I am calling it now. Canavan is 2000% finished.
I anticipate that @OneNationAus will win the Seat of Farrer.
@WaleedAbuNassar@hahussain So i need a bible passage in order to call you out? Youre posting stuff about Israel killing lebanese when it's really hezb. Youre a moron, irrespective of Scripture.
Ente Abu a7mar
@Verennial01@hahussain You’re declaring people “fake Christians.”
Okay — show us the Gospel passage where Jesus says political disagreement disqualifies someone from Christianity.
We’ll wait.
Palestinians are not allowed to talk about Lebanon. The only thing they can say is apologize for undermining Lebanese sovereignty and starting a Lebanese civil war.
@odrobbb@lebnanyalebnan A true Muslim believes in jihad against non-believers. Stfu before I start hitting you with Quran verses to expose your satanic cult.
@lebnanyalebnan Go back to 1975, you’ll see what Lebanese Christians did. Also look up Sabra and Chatila in 1982…I’m sure you’re familiar with them but just ignore them because you’re a hypocrite. True muslims classify those who attack innocents as terrorists and disbelievers, yk that as well.
@hahussain Who is not allowing them to talk about Lebanon? Lebanon has neither the means (USA backed financing) nor the resources (Mossad) to either harrass and blackmail (USA-AIPAC) or terrorize and assassinate (Israeli-Mossad)
@mgnsce If it wasn't for Hezbollah
The rouge Zionist Entity would have Taken who of the Lebanon
Crawling with Epistiens
You are goy and they are gonna treat you like a goyim just like they did With the girls in Epistien Island
HEZBOLLAH is the only force between Lebanon & EpistienRael
Thanks to Hezbollah , the terrorist Iranian organization, I won’t be back in Lebanon for a long time…if ever.
I truly hope this war cleanses the country of Hezbollah parasites once and for all. These traitors need to be dead or exiled to Iran.
@adamseconomics@mattjcan@OneNationAus John?
This ain't a competition at all.
Both Pauline and Matt support dumping hundreds of thousands of Australians into unemployment and onto welfare.
To protect the wealth of billionaires like Gina Rinehart from inflation.
Neither are "Australia First" candidates.
#auspol
Christians from the village of Alma al-Shaab in south Lebanon 🇱🇧 are refusing to leave their homes, ringing their church bells despite the rapidly escalating tensions.
"We are peaceful. We want to remain on our land and in our country. This is our Church of the Virgin Mary, these are our homes, and we don’t want to leave."
As tensions continue to rise, let us all unite in prayer for the protection & for the safety of everyone! 🙏🏼🤍✝️
@Geologo_Trader@_GenPatton_@van00sa Blokes living in south America talking shit about Aussie home owners.
Just cos you couldn't make it here, doesn't mean no one should own a home - get a grip buddy, renting long term gets people nowhere.
Australia just raised interest rates today. RAISED them.
Every other developed economy on earth is cutting
🇺🇸 cut
🇬🇧 cut
🇪🇺 cut
🇨🇦 cut
🇳🇿 cut
🇸🇪 cut
🇨🇭 cut
🇦🇺 hike
The RBA cut rates 3 times in 2025 then did a full U turn less than 6 months later. It’s the first major central bank to go from cuts back to hikes since Covid
why? Our government spending is at its highest since the 80s.
So the average aussie with a $700k mortgage just got hit with an extra $105 each month; and banks are already forecasting ANOTHER hike in May
Our government spends like money is free and then Aussies pay the price
We are so cooked.
Good afternoon Australia,
There were 0 interest rate rises under the LNP government from 2013 until 2022.
We have seen 13 interest rises under the Anthony Albanese’s led labor government since 2022.
Enjoy.
@sussanley Savvy people will read what the reserve bank ACTUALLY said, & you well know the budget is in a better position than when Labor inherited it.
Today's interest rate hike is a heavy blow for millions of Australians already under pressure.
It did not have to happen.
Labor’s reckless spending has kept inflation higher for longer, pushing up the cost of everything from the weekly shop to the mortgage.
Despite the warnings, they kept spending and kept borrowing.
That is not serious economic management.
When Labor spends, Australians pay.
🚨 ALERT:
$BTC is preparing for a massive dump to ~$32k
Every cycle, history repeats itself:
- 2017: $19k PEAK → 2018: -84.1%
- 2021: $69k PEAK → 2022: -77.4%
- 2025: $126k PEAK → 2026: -72.2%
Things are about to get worse – Bookmark it...
@ConserArmenians@YourFellowArab An Armenian page (of which lebanon took in hundreds of thousands) talking shit about lebanese people. Shame on you - you obviously have zero clue about your heritage
I wore a Christian Saint (Charbel) to my solo trip in Iran during the blackout.
Early into the trip I was told that it was Hassan Nasrallah (leader of Hezb) & that some of the locals loved him.
For the rest of the trip I used this as a protection piece. God works mysteriously.
An Arab-Australian friend had to console her son randomly called an “Islamic dog” yesterday. The boy verbally retorted and was told ‘whatever, I bet you’re happy with what happened’
Yes, we must put our arms around Jewish Australians but also support Arab and Muslim Australians