Interest Rates link!

[Fudge]

I have just recently come across this link. If it helps assure some people of what is happening, then good for you. Thought it might be of interest.

I am starting to think that with so much information out there and experts on both sides of the fence arguing why we will get a drop and why we wont get a drop, i have taken the good old approach and am simply waiting for the result.

In saying this, it won't change my overall position with my investment, so we will see who is right and who is wrong next week.

http://www.asx.com.au/sfe/targetratetracker.htm

In saying this however, doesn't mean the banks will follow suite.

F

 

[Bbbls]

This is also a good perspective.

http://www.rba.gov.au/publications/submissions/inquiry-comp-aus-bank-sect-1110.pdf

 

[Aaron_C]

Looks like the banks are already winning the war by conditioning the general public that they no longer need to follow the RBA. It's great to be able to print your own money isn't it....