Guest Guest5035

Intrest Rates on hold

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    Guest Sachertorte

    It's just awful to think that you never know what the future holds- we are ok... for now :unsure: but I can tell people won't get out en masse for a shopping spree just yet

     

    The Govt really has some thinking to do on how to tackle the "2-speed economy"

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    Guest Chris_J

    What is the current base rate? Are mortgage rates still at about 8%?

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    The RBA have actually done a good job - they've got everybody scared about future rate hikes and acting as if they've gone up (so hopefully dampening inflationary activity) - without actually putting the interest rates up! Very clever.

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