- 31 August 2016
Drip Fed By The RBA
I believe the next interest rate move will be down a timid 0.25 per cent. to 1.25 per cent.
The Reserve Bank of Australia (RBA) is drip feeding us!
The RBA should drop rates straight to 1 per cent and announce that banks must pass it on in full. If the Australian dollar rises (which the chart says it will!), it will need to drop even further. Treasurer should force banks to drop rates too, in step.
Iron Ore VS AUS Dollar
Will RBA continue to procrastinate? Will the Treasurer start putting pressure on the banks to pass on all previous RBA rate reductions?
AUS Interest Rate VS AUS Dollar
Happy Investing,
Regards, Kevin Young Club Founder
Related Posts
Sydney Units Are Quietly Entering Their Next Growth Phase
Sydney is heading into another shift, but it is not happening in the prestige house market or the headline grabbing suburbs. The real movement is in well-located units sitting close to transport, education and major employment hubs. These are the properties renters line up for and the ones buyers turn to when house...
The Psychology of Suburb Selection: Why Investors Keep Returning to the Same Postcodes
Most investors think they choose a suburb based on research, data and logic. In reality there is often something deeper at play. Suburbs hold emotional weight. They remind us of where we grew up, where our friends live, where we once rented, or where we felt safe. Familiarity feels comfortable, which is why so many...
New Lines New Lives: How Rail Is Redrawing Queensland’s Coastal Growth Story
The Sunshine Coast and Gold Coast have long been known for surf and holidays. But right now, both are being redrawn not by the tide but by transport lines. The next decade of growth in Queensland will be built along the tracks. The Sunshine Coast Rail project and the Gold Coast light rail expansion are reshaping...