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New record cash rate 1.75

Discussion in 'Property Market Economics' started by dabbler, 3rd May, 2016.

  1. dabbler

    dabbler Well-Known Member

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    Now let's see what the banks do.
     
  2. Dan Donoghue

    Dan Donoghue Well-Known Member

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    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?
     
  3. EN710

    EN710 Well-Known Member

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    I do hope they pass it on, lower rate is helpful to keep my cashflow :p
     
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  4. TaylorChang

    TaylorChang Well-Known Member

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    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.
     
  5. Shawn

    Shawn Well-Known Member

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    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.
     
  6. hpresident

    hpresident Well-Known Member

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

    D.T. Adelaide Property Manager Business Member

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    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 :)
     
  8. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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

    Giddy-up!
     
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  9. oracle

    oracle Well-Known Member

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    Just read Nab to pass on the full cut.

    Article here

    Cheers,
    Oracle.
     
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  10. Scott No Mates

    Scott No Mates Well-Known Member

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    All the more reason to tinker with negative gearing in the budget tonight?
     
  11. Coota9

    Coota9 Well-Known Member Premium Member

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    So are we thinking banks will cut for investors??
     
  12. TaylorChang

    TaylorChang Well-Known Member

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    NAB just passed on the full rate cut !
     
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  13. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    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..
     
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  14. Skilled_Migrant

    Skilled_Migrant Well-Known Member

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    upload_2016-5-3_14-53-53.png
     
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  15. kamchatsky

    kamchatsky Well-Known Member

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    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.
     
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  16. EN710

    EN710 Well-Known Member

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

    twobobsworth Well-Known Member

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    Banks want to avoid a royal commission or for it to be an election issue. I'm tipping most will pass on.
     
  18. Coota9

    Coota9 Well-Known Member Premium Member

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    true
     
  19. Kangabanga

    Kangabanga Well-Known Member

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    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..
     
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  20. joel

    joel Well-Known Member

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    Cmon CBA.. make that cut.