05/05/2026
The RBA is an again punishing workers for an economic outcome they did not create and are not responsible for.
Working people have already been hit from every angle – higher fuel prices, rising grocery costs, and skyrocketing bills – driven by corporate profit gouging and global instability. Now interest rate hikes are making it even harder, putting pressure on mortgages, rent, and everyday living.
The RBA is now acting as a means of wealth redistribution, from the workers to the very wealthy. We see it for what it is – rob the workers to feed the greed of the rich.
While unions are working hard to lift workers heads above the cost of living, the RBA is doing its best to drown us in debt.
It's worth noting the RBA chief is paid more than $1.2 million, compared to the annual median wage of a working Australian which is $74k!