Read more: CBA is the first of the big four banks to predict two more Reserve Bank rate cuts in 2016 No wonder they passed on the first cut straight away. They are all predicting more cuts from RBA (probably after the election) which is when they will hold off on passing the full cut. More importantly, if the RBA does cut interest rates what does that say about the economy in general and specifically the property market? I am reading one new article almost everyday about the glut of new apartments about to hit the market when demand is subdued. Any significant price reductions in apartments will eventually impact standalone house price as well. Let's just hope the unemployment rate doesn't rise much otherwise property market definitely will suffer even under low rates. Cheers, Oracle.