Rate Cut? 01 Nov 2012

I just have an incling that China buying up europe may be on the RBA's agenda, something about cost of credit ;)
 
Might be a no cut but I think the market is pricing in a cut at the moment, AUD down from 1.07 to 1.055 and going south? O_O
 
Rates probably won't be cut (again) but rents will increase anyway (like last time). @_@
 
RBA will cut rates by 0.25% but the thieving banks will steal a big slice of that for their scummyselves ...

either that or rates stay on hold - either way the average man in the street is left holding the short straw :lol:
 
Gawd i'm good! rates have indeed been sliced by 0.25%.

will be interesting to see what the thieving banks do with that now...
 
all it means is the next move up will seem more violent, this will be regarded as the stupidest move by the RBA EVER, I cant believe they are ignoring the CDS meltdown that has started.

Watch all the dimwits rush into mortgages
 
jpanggy said:
Or they might keep cutting until it hits 2%, just to keep RE alive.
Click to expand...

Some economists are predicting 3.75% by April next year as the international economy stagnates - RE for the win :lol:
 
Agreed! The property clan in Australia have a lot more clout than the trigger insane Stevens ...

This will only prolong the pain and make it more long and drawn out, but RE will continue to go down - especially when priced in real money

savvvie???
 
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