RaymondPierreL3<p>If as reported by Independantaustralia.net :<br>“Inflation declined again in April to 2.34%, making three consecutive monthly falls and nine months within the Reserve Bank’s optimum band between 2% and 3%. That’s the best run since monthly records have been kept.</p><p>Core inflation was 2.8%, within the optimum band for the fifth consecutive month. Interest rates were cut again in May to 3.85%, with further reductions likely soon.”</p><p>WHY then, pray tell, has my <a href="https://aus.social/tags/HELP" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HELP</span></a> debt increased by 3.2% in on 01Jun25?<br>Is <a href="https://aus.social/tags/StudentDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StudentDebt</span></a> meant to turn a <a href="https://aus.social/tags/Proffit" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Proffit</span></a> ?<br> <br>WTF? I can’t wait to find out what seemingly arbitrary <a href="https://aus.social/tags/CPI" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CPI</span></a> increase my <a href="https://aus.social/tags/pension" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>pension</span></a> will deserve this new financial year. </p><p><a href="https://aus.social/tags/AusPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AusPol</span></a> <a href="https://aus.social/tags/HELPDebt" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HELPDebt</span></a> <a href="https://aus.social/tags/ATO" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ATO</span></a></p>