Reading Time: 2 Minutes Over the weekend, I had an epiphany. It was when I was chasing MiniFrugalSamurai as he wandered off by himself (AGAIN). That boy really has something going on in his head. When he starts to feel bored, or decides to move onto the next task – he just ups and does it. Which is great in a classroom environment, not so great when he’s in a packed shopping centre and his parents can’t find him. One of these days I swear, he’ll go on a walk-about and FFS MrsFrugalSamurai and I will make front page news as negligent parents. Anyway, when I finally caught up to…
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The RBA Cuts Rates!
Reading Time: 2 Minutes OK, so I was wrong. The RBA DID cut rates today. Thank FORKING goodness for that aye. At 2:30pm, Governor Michele Bullock announced a 25 basis point reduction in the official cash rate, bringing it down to 4.1%. This marks the first time rates were cut since 2020, in what has been an escalating series of rate RISES since. To keep things in perspective – here’s a historical chart of the cash rate going back about 35 or so years: See that lil downtick of the worm at the end? That’s where we are today. Why Did They Cut? Firstly – inflationary pressures and weaker-than-expected economic…
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Is The RBA About To Cut Rates?
Reading Time: 2 Minutes Shh… we don’t want to jinx it do we? Jinx what? Well, the RBA might, just might be considering cutting their headline interest rate next week. Oh! Oh indeed. Mark down next Tuesday Feb 18 in your diary, as that’s when the next scheduled RBA announcement is. Are we going to finally see some relief? The Big 4 banks certainly think so, with all 4 of them predicting an interest rate cut and a reduction in their fixed rate pricing. It’s a sure sign that they feel confident of a rate drop. Although there are still some market analysts who are calling for rates to remain…
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Shhh… Don’t Talk About US Debt
Reading Time: 3 Minutes It’s Fridayyyyyy! Hooray and Amen to that. Dunno bout you but I feel like I’ve been crawling my way to the finish line… it’s almost… here. And then I realize there’s no childcare on weekends. FML. Say what now? We have to look after our own kids on the weekend? Pish posh paddle wash. All seriousness though, cos today’s topic is fairly serious – there’s something serious afoot. Many of you dear readers would know about the serious situation the US is currently in. No I’m not talking about President’s Trump inauguration, or his tariffs* (professional poker at its brilliant best) or even his various business…
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New Year Predictions – 新年快乐!
Reading Time: 3 Minutes Hola senors and senoritas!!! Como estas? Estoy bien gracias! What’s that? It’s Chinese New Year? Oh shit. Um. 女士们先生们大家好!!! 大家都好吗? 我很好，谢谢! 新年快乐! For those of you who weren’t aware, today is Chinese New Year, one of the biggest days on the calendar in the Chinese culture. Why is it called Chinese New Year? I think it’s because it is the New Year celebrated by the Chinese. Oh and it’s also known as the Lunar New Year – something to do with the moon and the stars and handing out red pockets. It’s supposed to be a time for family reunions and removing bad luck to usher…
