#interestrates #CBA #heisesays
CBA is predicting a 40 basis point rate hike.
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Bring it up to 8%
Let’s go straight to 6.5 get it over with
Rates are still very low. 3.1% is not a high rate. People got so used to rates being 0% and free money being thrown about like confetti they came to think that was normal. It isn't.
If there is an increase of 0.25% then the end of this isn't in sight. But a rise of 0.35/0.40/0.50 indicates that rate cuts are around the corner (probably in July).
Anythink? Really, When was the letter Y replaced with the letter K?
Responsable lending.
Florian
I don’t watch breakfast tv but couldn’t help but overhear Kochie saying when 25 points like it was FACT. Grub might just have info!
Would prefer a bigger hike sooner and then a hold to see what the effects of the rises are.
The RBA will do what it has done for the last 15 years. It will mirror the US Fed. The RBA needs a full clean out
If they are planning 3 or 4 0.25% hikes then surely two 0.5% or one 0.75% hikes would have a quicker impact? Why stretch it out?
I old enough to remember getting 10% PA on a regular bank account and the high flying investment like BOND were offering 20% plus returns and banks lending money for people to buy shares
You're right, we're at low levels of interest rates compared to historical figures but are at the high end in terms of property values.
Cash rate will go to 4% inflation is embedded now
Raise rates to meet or exceed inflation. Simple.
Mortgage keeper on the cards Florian 😄
they talk about spending.
When inflation is coming from a supply push, spending is not optional.
again, the banks are punishing the parties who are the least responsible For the mess.
0.25 is too low?
Smart city or 20 minute cities can you look at this the Yarra Valley Melbourne is going made on it. It’s in the council plans.
US says it will raise to 5.5% by years end.
Oz has to match or we are gone
The economy is still strong. So I think they will raise until the economy break or labour market went south.