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  1. Peter 14.7

    Watch for dropping interest rates

    Seriously, as an observer of economic comment in the media, I have seen a marked switch from articles crying "rates to rise" a month or so ago to "slow recovery" and "more pain to come". As economists follow data it would seem they are reading a trend many here felt? Peter
  2. Peter 14.7

    Watch for dropping interest rates

    And if they go lower, do we get a sloppy kiss?;) Peter
  3. Peter 14.7

    Watch for dropping interest rates

    Do they? http://www.theaustralian.news.com.au/story/0,25197,26080066-643,00.html IS an article where the Unions are striking to remove Fair Work Act tersm because whilst the Labour Gov says they remain , they simple dont want them. The Australian Chamber of Commerce and Industry...
  4. Peter 14.7

    Watch for dropping interest rates

    FYI today’s (Sunday 20th Sept) Sun-Hearld Investor Insert had a detailed consideration of the economy by David Potts. now, I am not and economist so I am taking figures, etc. on face value against my view of things so….. FYI he says italics and my short summary is: THE WORST IS YET TO COME...
  5. Peter 14.7

    Watch for dropping interest rates

    The developers idea will not work because: a) who will sell cheap the city fringe family farm to the GOv after holding something for 30 years? b) gov are political and self interest groups will stuff the deal c) gov agenda can influence outcome I speak as someone who sold GOv property...
  6. Peter 14.7

    Watch for dropping interest rates

    Kudos to To Do, Peter
  7. Peter 14.7

    Watch for dropping interest rates

    And your point is? No offense but anything bought now will be a "bargain" in 2015. Prices always go up. Always has been, always will be. Example: Surry Hills terrace i owned as PPOR. Sold 1976 for $10k Sold 1987 for $65k Sold 1995 for $235k (to me) Sold 2005 by me for $521k Each...
  8. Peter 14.7

    Watch for dropping interest rates

    More signs of a "L" recovery? Consumer confidence survey means nothing. Spending means everything. Building starts? FHO are only one part of the market and a very narrow focus part. Unempolyment may not be going up but niether is wages and hours are being reduced . Peter
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