The RBA have slashed the cash rate three times this year, saving average borrowers more than $3000 a year, but not everyone is happy, a new report has revealed.
The research, carried out by Finder revealed there are a staggering number of Aussies who claim the rate cuts have actually made them worse off.
In the survey of 1004 Australians, people were asked what impact the last three rate cuts had had on their financial situation.
Almost one in five (19 per cent) said the last three rate cuts have actually worsened their financial situation.
That’s up to a whopping 4.1 million people nationwide who don’t think they’ve benefited from the rate cuts.
And with the central bank set to meet again next week, there’s a slim chance things could get worse again.
A similar amount (20 per cent) –