- 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
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