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It's all just short term competition to gain market share. Rates will rise overall this year however, impacting on property (as other cost of living factors also leave people with less disposible income). I'll take it from the horse mouth. 11 Apr 2011- RBA to raise rates 'around' September...

Yeah, the point was to stop your whining about the cost of bananas. Your a rich investor, surely it's just pocket change then. Alan Kohler had an interesting graph today on just this topic. Lending has not recovered after GFC, and is still at levels of 5yrs ago. So banks are fighting...

Why don't you try a local grocer, or paddies markets, etc, for cheap fruit and veggies instead then, instead of moaning about Woolies. You can go down to Paddies at 5pm on a Sunday, and they are giving out trays (1-2kg) for $1 or $2 to clear the weekend stock. (of anything really). You can...

I think you wrond on many points here normailson. For a start, everyone is focusing of interest rates as only a property related issue. Interest rates in general impact the whole of the economy, including business lending. Many of the businesses now are already struggling, so any further...

I disagree sash. A lot of Australia's inflation eventually will not be due to domestic reasons, but imported from overseas. The reason the world is starting to see inflation rear it's head, is because so much money was injected via stimulus, and so much money printed, that eventually it was...

You sound quite clueless on the economy sash. Why don't we just outsource everything overseas. Will be a lot cheaper than. To bad no one will be employed, and have the income to actually buy the stuff back. Like the banks are slowing finding out after outsourcing a lot of IT to Indian, once...

Yeah, a cameo appearance here and there. I can progressively tell you how wrong you are as my predictions eventuate one by one, rather than in bulk in 2013.:p I think sash's assumptions on an increasing property market, falling interest rates, falling oil price are . The only thing that is...

Yeah, but I've been saying since December that Portugal would be next in late March/April 2011. Spot on. I know they talked about asking for assistance yesterday. Next crystal ball prediction Spain bailout - Dec 2011/Jan 2012. As for property, sash should have had "Are we on the cusp of a...

Oh, you property bulls are amusing at times. Interest rates are heading no way but up. Inflation is spreading around the world, and the central banks worldwide will have no option but the raise interest rates. Europe, as messed up as it still is will likely raise rates today. China is...