Many of the older generations lambast about how they had it tough with interest rates exceeding 17% at one point ..........
Yes back then Australians were treated by the Banks like they were idiots 17 %
As some would be aware then you had to pay every month (which loads more interest ) Today you can pay a loan by the week even by the day a lot less interest
And today if you know what your doing you can get money overseas @ 1 %
Yes the Banks are doing it Tuff poor Banks Stuff them Today they don't have the wool pulled over there clients eyes
Anyway the $ Billions in super being used for investment housing (money not seen before ) is being pumped in
So they will raise interest rates ? who cares go overseas and get a loan
The days of going to the bank Cap in hand are over You tell them what you want or tell them to go and get ######