Rates on hold - August 2012 - PropertyInvesting.com

Viewing 5 posts - 1 through 5 (of 5 total)

Jamie Moore
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@jamie-m
Join Date: 2010
Post Count: 5,069
August 7, 2012 - 4:38 am
http://www.rba.gov.au/media-releases/2012/mr-12-18.html
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
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livewildcard
Member
@livewildcard
Join Date: 2012
Post Count: 36
August 7, 2012 - 6:51 am
Is it just me or have people died off being on the edge of their seats each month with what the RBA are going to do?
DWolfe
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@dwolfe
Join Date: 2009
Post Count: 1,253
August 7, 2012 - 7:44 am
I'd be glad if the media stopped caring… sheesh every month! lol! Btw, thanks Jamie, I don't bother reading the papers, it's quicker here!
D
DWolfe | www.homestagers.com.au
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PLC
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@plc
Join Date: 2012
Post Count: 400
August 7, 2012 - 7:48 am
You can bet come nearer Christmas there will be a lot of focus on the rates, especially coming from the retail sector.
PLC | Phoenix Loan Consulting
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Melbourne based Mortgage Broker | Making Finance Simple
DWolfe
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@dwolfe
Join Date: 2009
Post Count: 1,253
August 7, 2012 - 7:53 am
Yeah, We're a retail family, and it's a tough crowd! Wouldn't surprise me if they did a rate drop in Nov. I don't think rates are having as much influence on the average punter as government actions, petrol, gas bills (I got a grey hair looking at our last one) etc.
I think government stability will drive consumer spending more than the interest rate tango.
Cheers
D
DWolfe | www.homestagers.com.au
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