Watch the latest News on Channel 7 or stream for free onFinancial comparison website RateCity experts say the board is likely to be deciding between a 0.25 and a 0.5 percentage point increase - with half a percentage point most likely.What the decision means for you
Financial services company CoreLogic head of research Tim Lawless told 7NEWS.com.au mortgage lenders are likely to pass on whatever interest rate the RBA announces - and, like RateCity, he expects a 50 basis points increase.
With the current thinking by State Gov’s to curb rent increases will only make more people homeless as landlords begin to dump their rentals. Mortgage rates should not be tied to the reserve rates, just like the days of 60’s & 70’s where your home loan rate was permanently fixed.
Interest rates need to be 10 to 11.5% to curve inflation. Deposits should be around 5 to 6% return
Yes. Govt has no plan for inflation heading to 8%, interest rates will follow to 4%+, rents must follow. This cycle in in place, pre-election Labor said they had a plan… over 100 days in office… nothing, nada, zip. Albo is a spectator PM.
LOL
senatorbabet2 CKellyUAP CliveFPalmer UnitedAusParty
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How good were the lockdowns though aye.