Greg Jericho

speaker
209 appearances 2 recordings 1 series first heard May 2026 last heard 8 Sep

Greg Jericho’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.

Appearances

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That means that we'll see interest rates go up.
And so probably what we'd see from this is any of the benefits of it.
kind of be wiped away by an interest rate rise that also we know flows into rental prices increase.
So it's kind of a a bit of an illusory gain in that sense of, oh, we've got more money.
Great.
We can all go and spend it.
And then the Reserve Bank says, yeah, we're going to actually take away all that money out of the economy uh through a rate rise.
Yeah, so we're talking uh for a sort of average income earner, around twenty-five thousand dollars less when you retire.
Um, and given, you know, the average super balance of someone as they sort of get close to retirement is just a touch over two hundred thousand, we're talking basically about ten percent less.
So it's a
It's a sizeable whack.
And, you know, it m again, it might be this thing of oh, twenty five thousand, that doesn't seem like much and it's a long way away.
But that just shows that sort of sense of what forty five dollars a week adds up to over the many years.
And, you know, again, that's if it's just limited.
But history sort of shows that when you offer these types of policies, they'll be limited at first and then they just keep on going.
Because again, what would you do if you're one nation?
You've put this policy saying, Oh
Well, you should have your money now, not later, and then what in three years time, you you're gonna see one nation suddenly argue actually no now you should have your money later?
No.
Yeah, the three years is a nice makes it sound reasonable, but I think what we'd likely see is it just go on and on.
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