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G'day Goanna, That was SO well said - and, yes, it is all relative to each individual situation for sure. Regards,

G'day Chilliaa, I can't answer for the forum. All I can say, is that things (for me) became serious after Mar 08. First, a few facts (with comment from me) RBA increases Aug 06 - increase 0.25% to 6% cash rate Nov 06 - increase 0.25% to 6.25% cash rate Aug 07 - increase 0.25% to...

G'day again, Hehe - first off, I had to have a giggle at "the best brains in Australia" comment. In short, the RBA cost me HUGELY by chasing the "inflation demon", while blind Freddy could tell them that things were on a meltdown. (Now known as the "Global Financial Crisis"). And don't...

G'day Nth Brisbanite, There really is no great mystery. In short, if we Fix when rates are low, as Variable gets higher than Fixed, any Break Costs are negligible, or even non-existent. When the situation reverses, all bets are off !! If we Fix when rates are high, we get "done...

Hi Nth Brisbanite, The words I've heard is that 75% of the time, Variable wins. 25% of the time, Fixed wins. I'm not talking about Banks (they ALWAYS win!!) - I'm talking about you (us, me). Fixing at the RIGHT TIME is not fraught with danger - and it seems to me that "the right time"...

G'day Jit, When Fixed and Variable swap places, then is the time.... This, I believe - but I'm always willing to be convinced by better argument, Regards,