Pretty happy the RBA left interest rates on hold this week. I was thinking they may have increased them. I dare say I think we may see another rise this year at some point.
I was speaking to the boss at Aussie and he said there are still plenty of people out there spending decent coin with still lot left over. He also said there are many who are really feeling the pinch. So it would seem that the hikes are really only effecting some households and not as many as I thought it would have and not as many as the media portrays.
So by the sounds of it those who are paid well are still pushing up inflation?