Local man Anthony has wasted no time enjoying the fruits of RBA’s call to lower interest rates today by 25 basis points.
Taking a leap of faith that the banks will pass on the cut and lower his repayments, Anthony worked out that he’ll be about a thousand bucks better off per year.
In his haste to celebrate, he boldly ordered off a non-specials menu and didn’t enquire about what the cheap pint of the month was. Accordingly, he is no longer a thousand bucks better off. Adding,
“Cheers RBA for the cut but I soon realised just how farked things are. I ain’t complaining though, it’s a parmi and pint I probably couldn’t have afforded anyway, silver lining and that”
Like many mortgagees, Anthony has felt like he has been bent over a barrel and stimulated with the rigid rod of inflation busting since 2020. Sadly, without much lube. He continued,
“Hopefully at the next meeting they cut the interest rate again and I can have another pub meal. God I miss this shit, I don’t even care that they put the parmi on top of the chips, it didn’t even last long enough to become an issue ha ha”
Plenty are following suit across the city, indulging in frills previously forgone in the interest of keeping heads above water.
Another punter immediately stormed into Woolworths and converted his estimated yearly saving on a quarter trolley of groceries.
These are the real human stories that give you a glimmer of hope during this cost of living fiasco.
Documenting the Human Zoo is thirsty work, so if you enjoyed what you read how about buying Belle a beer, ay?