This bodes well for the property market. The majority of economists polled believe that rates are unlikely to rise for the next year or thereabouts.
http://www.news.com.au/finance/busi...king-less-likely/story-e6frfkur-1226969089180
BORROWERS can rest easy as it looks like the Reserve Bank's cash rate will not go up for the remainder of the year.
ALL 16 market economists surveyed by AAP say the RBA won't move the cash rate at its board meeting on Tuesday, and only two say there will be a rate rise before Christmas.
http://www.news.com.au/finance/busi...king-less-likely/story-e6frfkur-1226969089180
BORROWERS can rest easy as it looks like the Reserve Bank's cash rate will not go up for the remainder of the year.
ALL 16 market economists surveyed by AAP say the RBA won't move the cash rate at its board meeting on Tuesday, and only two say there will be a rate rise before Christmas.