Who can increase rates cause they CAN? CommBank CAN

Discussion in 'Wealth Creation & Management' started by bubblebobble2, Apr 21, 2017 at 4:54 AM.

  1. bubblebobble2

    bubblebobble2 Active Member

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  2. greedy Kobold

    greedy Kobold Member Silver Stacker

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    may be they are just ahead of the crowd here is a forecast for RBA's rate, which would influence the cost of capital
    RBAs.JPG

    interestingly there is no data from Commonwealth, hehe
    RBAs2.JPG
     
  3. bubblebobble2

    bubblebobble2 Active Member

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    RBA?! ppppfffttt....!!! who listens to RBA these days? banks surely DON'T!
     
  4. SilverDJ

    SilverDJ Active Member

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    This has been going on for the last 12 months with all the banks involved, nothing new here.
    BTW, Interest rate rises are a good thing.
     
  5. bubblebobble2

    bubblebobble2 Active Member

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    you sound like a shareholder
     
  6. House

    House Administrator Staff Member

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    Surprise rate cut on the way :)
     
  7. SilverDJ

    SilverDJ Active Member

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    I don't own shares in any bank.
    There is now a whole new generation of investors who:
    a) Have never seen property prices drop or even stay flat (heck, some have barely seen single digit yearly rises)
    b) Have never seen interest rates go up
    c) Think that money is always so easy to get
    d) Think that property is a guaranteed way to get rich

    These people are real problem and deserve to be taught a lesson. Debt is too cheap with so little consequence. Let it rise I say.
     
  8. greedy Kobold

    greedy Kobold Member Silver Stacker

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    mmm looking at the graph...it is quite volatile

    AUEHYOY Index (Australia House P 2017-04-21 16-58-55.jpg

    interesting
     

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