RBA August 2016 Interest Rate Decision

BuggedOut said:
AUD down less than half a cent on the move and the ASX has barely responded.

Mr Market was hardly surprised......
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No surprise here... Market goes up....
 
Not many bullets left now. Wont be long before Savers will be getting -0.25%.

Home borrowers may be the winner in the short term but may pay a price further down the road.

Regards Errol 43
 
It means we're either up for another cut in the next couple of months or we're going to get some poor economic data in the next quarter....
 
I fully expect another cut before years end,hopefully this will make some movement I am hoping to see.

Fundamentals = :lol:
 
Ag bullet said:
Clawhammer said:
I predict that'll be the last time Glenn $tephen$ performs a rate cut!! :P
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this year? or because he won't be in the job for long?
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Cause its his 2nd last board meeting. He wouldn't make a change upon exiting.
 
Westpac just announced a rate drop on home loans of 0.14%, and only 0.10% for customers with interest-only loans.

Nice bit of margin building there.
 
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