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$10 grand per year sounds very acceptable on a multi $Mil portfolio lizzie - well done.

Lizzie is that all holding costs including loan interest ?

I's suggest investors lock in these rates for as long as you can get them...Once the doom & gloom spook has disappeared Im sure the RBA will be jacking up IR to combat the high CPI. Would be a good idea to lock far enough to ride through this period.

At the end of the day Id say everyone's purely guessing. ;)

The ASX Live market tracker & RBA Site.

Na Na I beat you all to it! :p

RBA Verdict is just in - its a cut of 100 bp down to 4.25%! You little ripper...show me the money :D

Yeah is only ever been done twice before. Both in times of turmoil (like now), as one would expect.

150bp because banks wont pass on the full cut, its coming into Xmas to encourage consumer spending and RBA's not scheduled to sit again for another 2 months in Feb 2009.