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  1. DavidMc

    RBA to cut rates by 100bp in December

    Hmmm... Well I was smart for 1.5 years - 3 years fixed @ 7.2% in April 2007. Yes, of course! Pedal to the metal baby!
  2. DavidMc

    RBA to cut rates by 100bp in December

    Of course, I was just pointing it out they're not doing it that tough. I would expect them to charge as much as people will pay. Hopefully we'll have enough of the 'little guys' left after all this to keep things competetive. Hmmm... will I use them though? Not when NAB is giving me 0.9%...
  3. DavidMc

    RBA to cut rates by 100bp in December

    You see England go 1.5%? Nice!
  4. DavidMc

    RBA to cut rates by 100bp in December

    Yeah... 'but our cost of funding is significant'... Can't be that significant if they still post bumper profits. I don't know... do they want to see what the current reduction will do or do they want to jam the brakes on fast? I think just 50 for now.
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