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The RBA has a serious problem on its hands if rates get below 4% and they dont take a harder interventionist approach.... dwelling prices are going to reach levels where there is a real house of cards being built. As the owner of many many properties that makes me happy - but as the owner of...

Newcastle Permanent have just launched 3 years fixed rate @ 3.99% $0 establishment costs. $0 ongoing. 95% LVR. 25K extra repayments per annum. Their 4 and 5 year rates are at 4.39% but for sub 80% they will do 10 bps less for those, so 4.29% each. I wonder whether the broader...

So money just got cheaper across the board - I think Fixed rates will be the battlefront for the next few months - watch for all the sub 4.5 or 4.6% 3-5 year rates that become freely available in the next few weeks. If you have a large $$$ debt across a portfolio and can get it set for 3...

This is an interesting read. http://www.theguardian.com/business/grogonomics/2014/jun/09/government-debt-it-all-depends-on-how-you-look-at-it Always amazes me how intelligent Australian's fell for the slogans about how bad our debt position is as a nation, rather than seeing it for what it...

I would imagine the RBA wants the full reduction to flow through, and if they held any genuine concerns for the banks taking a clip , they may have gone for 0.5%. In any event - deed is done now. 0.25% it is- and the banks will make their announcements across the next days. I personally...

There is no defensible argument the banks can make for not passing it on, in full. Their funding costs , which was the excuse used after the GFC to; 1. Not pass on all cuts in full when the aggressive cuts came from the RBA 2. Increase above RBA when rates started nudging back up have settled...