Over/Under on next interest rate move?

Discussion in 'Loans & Mortgage Brokers' started by Dean Collins, 17th May, 2017.

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  1. Dean Collins

    Dean Collins Well-Known Member

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    Dean Collins, 17th May, 2017
    #1
  2. 158

    158 Well-Known Member

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    Screenshot_20170517-081031.png

    pinkboy
     
    158, 17th May, 2017
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  3. Mumbai

    Mumbai Well-Known Member

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    Mumbai, 17th May, 2017
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  4. Scott No Mates

    Scott No Mates Well-Known Member

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    Scott No Mates, 17th May, 2017
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  5. tobe

    tobe Well-Known Member

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    We need to ask that octopus that picks the World Cup winner...
     
    tobe, 17th May, 2017
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  6. TheSackedWiggle

    TheSackedWiggle Well-Known Member

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    TheSackedWiggle, 17th May, 2017
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    Ethan Timor, MTR, Dean Collins and 1 other person like this.
  7. Konn

    Konn Well-Known Member

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    down
     
    Konn, 17th May, 2017
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  8. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Monetary policy has become ineffective at these levels and there is less reason for rates to be reduced. The AUD isnt under any rising pressure either. The banks now set their own agenda and would likely raise rates or hold them even if a reduction occurred esp since the new levy will impact in July.

    The proposed bank tax could see all rates rise but I suspect owner occupied will get a reduced impact v's investors. Perhaps the trade off that we wont hear negotiated is APRA / Treasury accepts credit card rates wont be impacted by the levy and the trade off will be investors ? Imagine if banks lifted card rates - The media would call for heads on sticks in canberra.
     
    Paul@PAS, 17th May, 2017
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  9. MTR

    MTR Well-Known Member

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    True, but if RBA start rising rates it will certsinly change market sentiment
     
    MTR, 17th May, 2017
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