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  1. B

    100 basis points RBA cut

    And if the DOW drops another 10% overnight?! LOL Liquidity trap
  2. B

    100 basis points RBA cut

    Someone said being president is like being a jackass in a hail storm - you just have to stand there and take it. That's how I feel today. But I gotta say its bloody exciting too !
  3. B

    100 basis points RBA cut

    Now that the AUD is off 25 percent we have already had our Australian house price crash. Someone go tell GHPC to put on their party hats.
  4. B

    100 basis points RBA cut

    Ditto. I just hope the cost of shoe leather doesnt go too high :p
  5. B

    100 basis points RBA cut

    AUD starting to pitch downwards again as US comes online. Our cars have all just been topped off with petrol.
  6. B

    100 basis points RBA cut

    LOL Im going over to GHPC to check out how the other half lives.
  7. B

    100 basis points RBA cut

    And people's perceptions about the security of their positions will be lifted by the IR cut.
  8. B

    100 basis points RBA cut

    I think that assumes that rents would fall faster than IRs. I have my doubts about that.
  9. B

    100 basis points RBA cut

    Dude if IRs drop to 2% I could retire. So could many many more people on this forum.
  10. B

    100 basis points RBA cut

    This is shock and awe from the RBA. They are trying to blow the doors off the market to inject some enthusiasm into what otherwise appears to be a bottomless swamp. We are very lucky that the RBA has brought rates up high enough to be able to do big drops like this. Lets keep in mind that...
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