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  1. Sailesh Channan

    Interest Rates - Sash's Crystal Ball 2010

    Inflation is the key. If it stays in check then we may see lower rates. Another factor now is that banks have taken over a lot of the second tier financial institutions which leaves very little competition for the big banks. This means that they will slowly increase margins which will lead...
  2. Sailesh Channan

    Interest Rates - Sash's Crystal Ball 2010

    True, however, a lot of the infrastructure projects that formed part of the stimulus package are still being rolled out. Next year we will start to see skills shortage again, increased consumer spending and a rising property market. This will mean the govt will have to resort to interest rate...
  3. Sailesh Channan

    Interest Rates - Sash's Crystal Ball 2010

    If we wind the clock back a bit to most peoples recent memory we will all remember the 1991 recession where we had double digit unemployment, etc. This was quickly followed by the Paul Keating recession (the one we had to have) in around 1993 (if memory serves me right) This was followed the...
  4. Sailesh Channan

    Interest Rates - Sash's Crystal Ball 2010

    Thanks to the stimulus package and increasing demand fro property I see interest rates hit double digit within three years. This will be followed by a recession!! The ride up and down will be quick so it is best not to over extend. Borrow extra if you can however, leave the funds parked...
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