RBA Likely To Fuck Us, According To General Vibe Of Things Lately

CLANCY OVERELL | Editor | CONTACT

The Reserve Bank Of Australian is expected to deliver its third rate hike of 2026 this afternoon, as the nation continues struggles to free itself from the cruel grip of inflation.

The ASX has opened lower, after an overnight spike in oil prices on escalating tension in that fucking war in the Middle East - as the UAE says it has intercepted a new wave of Iranian missiles for the first time since the US-Iran ceasefire.

With the ongoing fuel crisis caused by that same fucking war in the Middle East, paired with the excited and non-stop spending of Australian baby boomers with no mortgages, it seems likely that the RBA is going to fuck us.

Some rather unpleasant ABS data that was published last week showed thatt headline had inflation accelerated to an annual rate of 4.6% in March, up from 3.7%.

However, the data is one thing - but the vibe is also pretty telling when it comes to whether or not we are going to be slugged with yet another rate rise in approximately one hour when the RBA Governer Michelle Bullock delivers the findings.

With Australia's beloved supermarket rushing to gleefully raise the prices of their shelf items under the guise of 'supply issues' - and the property market now slowing to the point where it is fucking both owners, investors and renters at the same time... It's fair to say that the people are bracing themselves for more bad news.

In fact, it's getting to the point where they now expect it - because as we've learnt, these kinds of economic uncertainties can only be steered through by causing financial pain to working people.

Stay tuned for more updates at 2:30pm!