RBA's February Rate Cut

[Rixter]

RBA's February 100 bp Rate Cut

The RBA has just released a cash rate cut of 100 basis point from 4.25% down to 3.25%

Happy cash flow savings to us all!

 

[Belu]

yay! nice, CF neutral here i come....

 

[Bradsdad]

The RBA has just released a cash rate cut of 100 basis point from 4.25% down to 3.25%

Happy cash flow savings to us all!

Damn you were fast

 

[sparky23]

Hoorah now lets see how fast the banks are - didn't we get 2 announcements the same day last time?

 

[Bon]

w00t!!!!!!

 

[Belu]

I bet he had it pre-written...lol

 

[Alex P Keaton]

yey

...........

 

[Alex P Keaton]

I bet he had it pre-written...lol

lol i was thinking that too haha

 

[MichaelW]

Here's the full media release:

http://www.rba.gov.au/MediaReleases/2009/mr_09_01.html

Cheers,
Michael

 

[urban cowboy]

bummer...

was hoping for 1.25 - 1.5%...

but i'll gladly take it none the less!

 

[buzzlightyear]

bummer...

was hoping for 1.25 - 1.5%...

but i'll gladly take it none the less!

Patience UC. They'll continue to reduce

 

[Rixter]

Damn you were fast

Faster than a speeding bullet.......

As fast as multi $million property portfolio appreciating.

 

[Alex P Keaton]

and a $950 lump sum payment cos I earn less than $100 K

haha

 

[BoatBoy]

Steve Keen currently having a spit here

http://bigpondvideo.com/newstv/?cid=BP-Static-Net-Head-News-LiveTV

Dave

 

[andrew_de_a]

who's steve keen?

 

[BoatBoy]

who's steve keen?

Dunno, heard his name mentioned and thought maybe he new something, but maybe he just likes being on TV.

Dave

 

[nhb74]

woohooo awesome.. now i just gotta keep tenants in my houses

 

[Alex P Keaton]

breaking news on foxtel. cba are currently reviewing their ir

 

[sparky23]

who cares? LOL

 

[skuzy]

stupid question, will the banks pass it on in full??