- 18 February 2017
Will There Be A Movement In Rates?
The latest from Westpac who is normally the most accurate with predictions is saying that they see no movement from the RBA in the next 2 years.
My info is that the banks are loaded up with ten-year terms with very low rates. There will be no need for an increase apart from greed... and an inactive treasurer!
35 per cent are counting on rates to remain steady and only 5 per cent believe rates will fall further.
Since Kevin Rudd, treasurers have stopped pushing banks to pass on rate cuts. When will they wake up the Banks?
Kevin Young Club Founder
Related Posts
New Queensland Rental Regulations: What Property Investors Need to Know
The Queensland rental market is set for a significant shake-up, and as a property investor, it’s crucial to stay ahead of the curve. The state's new minimum housing standards, which began taking effect in September 2023, are more than just a regulatory update—they represent a shift in the expectations tenants will...
Who’s Responsible for Mould in Your Rental Property: Tenant or Landlord?
Mould, it’s the unwelcome guest no one wants in their home. It’s unsightly, potentially hazardous to your health, and dealing with it can be a real headache. But when mould creeps into a rental property, the big question arises: Who’s responsible for cleaning it up, the tenant or the landlord? The answer isn’t...
Unlocking Your Mortgage Potential: Finding the Best Fit Between Offset Accounts and Redraw Facilities
When managing your mortgage as an Australian property investor, understanding the benefits of offset accounts and redraw facilities can greatly enhance your financial efficiency. Both tools offer strategic ways to reduce the interest you pay and accelerate your mortgage repayment, but they function differently and...