What are people's thoughts on what the interest rate will be in one years time. Current RBA rates 1.5% I'll start with 2.75% an increase of 1.25% why because the cost of bonds and treasuries are going up.
3%. It's a big call but with increasing gas prices and mining kicking up, with low AUD makes a hot economy. I think next year will be a roller-coaster.
Maybe I should rephrase the parameter to what real interest will be. I have a very strong feeling that home loans and official rate will break the charade its playing and become solely based on long term bonds and treasury prices.
