If as reported by Independantaustralia.net :
“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.
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.”
WHY then, pray tell, has my #HELP debt increased by 3.2% in on 01Jun25?
Is #StudentDebt meant to turn a #Proffit ?
WTF? I can’t wait to find out what seemingly arbitrary #CPI increase my #pension will deserve this new financial year.