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Harry Dent Read the article carefully ... right now Harry is trying to sell tickets to his Oz seminar series. He'll tell you anything to get your bm on a seat !! But you're hardly going to go if he says " IRs are low and the normal uptick in property prices that occurs is happening ...after a...

http://www.news.com.au/finance/business/big-four-banks-make-an-extra-37b-from-not-passing-on-interest-rate-cuts/story-fnda1bsz-1226593472818 Response to wategos .... Like I thought, approximately the same as happened here. See link. Oz banks didn't pass on in full the cuts in the cash rate...

You made the call..... your job to back it up mate. Not for me. LL

Totally pathetic answer. No links . No evidence. ......LL rests his case.

Gees... I feel like the red head .... and your point is ? LL

So ..... I don't know anybody who made "bucketloads" ... and your point is ???? :confused:LL

UK IRs Ok ...so what were the UK mortgage rates pre GFC and post GFC ? Please ...with links please ? I'll bet a delta a lot like Oz .... Ta :D LL

IR's take care of it ..... If property prices 'crash' or threaten to do so ( which would normally be a part of some other financial crisis ) then IRs fall like a stone. Remember the GFC ? Big-Rev-Kev had a panic attack ; Uncle Glenn at the RBA dropped 2% over night: and I immediately changed my...