ikt@aussie.zone to AusFinance@aussie.zoneEnglish · 16 days agoRBA: cash rate target unchanged at 3.85 per centwww.rba.gov.auexternal-linkmessage-square4linkfedilinkarrow-up110arrow-down10file-text
arrow-up110arrow-down1external-linkRBA: cash rate target unchanged at 3.85 per centwww.rba.gov.auikt@aussie.zone to AusFinance@aussie.zoneEnglish · 16 days agomessage-square4linkfedilinkfile-text
minus-squareNo1@aussie.zonelinkfedilinkarrow-up1·edit-215 days agoCutting rates means people borrow more and higher property prices. Reckon they’re worried about overheating the already lava hot property market. Apparently rose 1% in June alone after earlier rate cuts.
Cutting rates means people borrow more and higher property prices.
Reckon they’re worried about overheating the already lava hot property market. Apparently rose 1% in June alone after earlier rate cuts.