New record cash rate 1.75

Now let's see what the banks do.

 

I don't usually watch the rates myself but do we think the banks will pass this on? if so will it increase buying or is it simply too low an amount to have an impact?

 

I do hope they pass it on, lower rate is helpful to keep my cashflow

 

RBA interest rate just cut.

so what's next ?

Will the banks passing on the interest rate cut ?

who knows ? only time will tell

invest wisely.

 

I think it's good investing times.

Low interest rates mean better outcomes for borrowers. Less interest payable on I/O.
I do not think the banks will be passing on the rate cuts though.

 

I think this would be the tipping point for Brisbane. Setting Brisbane from moderate growth to more accelerated growth

 

I'm sure this is good news for investors in all of the currently-rising markets - lower interest rate means easier to hold onto, better cashflow, more borrowing capacity, more investor confidence.

About to get even busier

 

Geeze, I really thought the RBA would hold off a month or two before the inevitable cut.

Giddy-up!

 

Just read Nab to pass on the full cut.

Article here

Cheers,
Oracle.

 

All the more reason to tinker with negative gearing in the budget tonight?

 

So are we thinking banks will cut for investors??

 

NAB just passed on the full rate cut !

 

No crystal ball, but I think they will in part but probably not evenly. Might see a bit more come off owner occupier lending.

Who knows. Now we wait and see..

 

I think the banks won't pass much ... they are having issues with capital and bad loans (check out Westpac and ANZ results). They will try to hold on to the cash available.

 

so many rate threads going on - I'm hoping admin can consolidate them

 

Banks want to avoid a royal commission or for it to be an election issue. I'm tipping most will pass on.

 

true

 

yeah its just for the banks to buffer their losses. the "blood on the streets" from the commodity crash last year is just starting to show this year and should continue for the rest of the year. an expected lag in the boom bust cycle..

 

Cmon CBA.. make that cut.