Of Bulldogs and Budgets. Some time ago, Tim Colebatch (writing in The Age) proffered the opinion that a May rate rise was about as likely as a Bulldogs premiership. As the doggies were fetchin 50:1 at the time this seemed a bit far-fetched, but mark the following developments: -rates weren't hiked in May -odds on a Bulldogs flag now 11:1. If things keep going like this a rate hike and a Bulldogs premiership will be inevitable. Our new Federal Treasurer is doing his bit as well. The only really anti inflationary measures in his first budget were the repeated statements about how anti-inflationary it was. As a result, my money's still on a rate hike later in the year.
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