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  1. joeExpat

    100 basis points RBA cut

    I didn't say I would buy now, the statement was conditional on a fall in prices, which I still expect over the next 12 months. A falling dollar would make it even more attractive.
  2. joeExpat

    100 basis points RBA cut

    Thats true... 25% drop in AUD/CHF (almost there) + 25% drop in Australian property prices = 44% cheaper Oz properties in Swiss francs - nice, would encourage me to buy again, & we should be there soon enough.
  3. joeExpat

    100 basis points RBA cut

    No, the drop in the $A had nothing to do with the cut, in Mondays panic everyone was fleeing high yielding currencies. That low happened over 6 hours before the unexpected rate cut size, after which the $A recovered.
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