RBA to cut another 1%?

Discussion in 'Property Market Economics' started by unloadmymind, 28th May, 2015.

  1. unloadmymind

    unloadmymind Member

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  2. BayView

    BayView Member

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    Personally for me; bring on every rate drop yer can!

    But; what'll happen is we will see Tony and the Gang get the blame for everything and then get the boot next year as a result (short memories of Labor), Bill's band of Merry Men will get back in....

    and then what?

    :eek::eek::eek::eek::eek:

    Then you'll really need to kiss the keester adios.
     
  3. windyzz

    windyzz Member

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    The More RBA cuts, the APRA will Curb on lending...
     
  4. 2FAST4U

    2FAST4U Member

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    As long as the banks pass it all on!
    I'm with the CBA and last month when the RBA cut the interest rate by 0.25% the CBA only cut my interest rate by 0.2%. With all this media hype about investors it wouldn't surprise me if the banks get greedy and decide not to pass on the full rate to investors.
     
  5. unloadmymind

    unloadmymind Member

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    UBS calling a recession.

    Down, down, rates will have to go down.
     
  6. windyzz

    windyzz Member

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    Our rate might be as low as 0%...... But what's the point. APRA will regulate lending very tightly
     
  7. see_change

    see_change Apprentice Timing Lord

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    The picture accompanying the article doesn't inspire me with confidence .

    Only looks like he's just off his L Plates ....

    Cliff
     
  8. TomW

    TomW Member

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    They've been a very soft touch so far.
     
  9. unloadmymind

    unloadmymind Member

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    Well they want you to spend your money on stuff instead of buying more house bubbles.
     
  10. unloadmymind

    unloadmymind Member

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    It could be an old photo.

    And some people look younger than they really are.
     
  11. Tim86

    Tim86 Member

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    Pretty doom and gloom.


    Whats the best way to weather the storm if a recession does happen? Are you pretty alright if you have a solid job?
     
  12. natedog

    natedog Member

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    My crystal ball told me
     
  13. WattleIdo

    WattleIdo Member

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    Yes. If you have a solid job you're right. Just don't brag or complain or ask your unemployed friend how her job search is going.
    The eternal optimist, I don't think we'll see more cuts and if we do they won't be passed on. 77c today. Very good for tourism and other trade. Rates will hopefully stay low for a while but I think the surprises are over. This could be as bad as it gets / as low as she goes. IMO
     
  14. C-mac

    C-mac Member

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    The Bus Spec article paints a dim picture indeed.

    Still, if investors can hold down their day jobs throughout the next couple of turbulent years, I can't see how us investors would be in a bad position? Rents might come down on properties held, too, but I'd imagine they'd come down in line with interest rate drops, the net effect not making a huge difference for our overall cash flow, no?
     
  15. keithj

    keithj Member

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    Linkedin says he finished Uni in 2007. Have a skim of his other articles - he's one of the most -ve writers they have. I've never seen a balanced article from him - however he does appeal to the D&G demographic.

    Maybe when he's experienced at least one complete cycles he may gain some respect.
     
  16. unloadmymind

    unloadmymind Member

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    FX market spooked . . . cause rates could go down further:

    [​IMG]

    And Goldman Sachs is calling another cut

    "Given the scale of the declines in this survey we reiterate our warnings that economic growth estimates remain skewed to the downside and the monetary easing cycle is unlikely to be complete. We continue to expect the RBA to ease interest rates again in 2015, most likely at the August meeting."
     
  17. unloadmymind

    unloadmymind Member

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    Disaster! Looks like we'll getting close to Recession.

    [​IMG]
     
  18. Ausprop

    Ausprop Member

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    I'm very worried about how far the AUD will drop and the impact thereof.
     
  19. lilman

    lilman Member

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    do you get turned on by all things negative?
     
  20. unloadmymind

    unloadmymind Member

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    When bad news is good news: like when the RBA has to cut rates because of a real threat of recession.

    Don't tell me I didn't tell you.