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  • Profile photo of AsokaAsoka
    Participant
    @asoka
    Join Date: 2008
    Post Count: 7

    Hi Suri,

    I’d also have a nice chat with my mortgage broker, whilst thinking about becoming a builder is awesome – you do need to be conscious about your bank and the fact your job as a project manager is what mitigates their risk hence allowing them to give you the money.

    Profile photo of AsokaAsoka
    Participant
    @asoka
    Join Date: 2008
    Post Count: 7

    I would personally say that due to the higher than expected retail numbers combined with the worse than expected drop in new housing they will probably make a cut of 50 basis points in their next meeting plus the fact that the RBA is more content on stimulating the economy at the moment than concerns of inflation.

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