badda as usual the same old same old--- ""'Our estimate of transaction volumes to February suggest that the two interest rate cuts in November and December last year are yet to provide a sustained stimulus to the market,"" i see you didnt mention the data from sqm which has been well discussed regarding stock levels im fairly certain it takes a little while for the interest rates to move the market---and lets remember the banks raised rates independent of the rba. what you should do is stop reading this drivel ---or at least research beyond thier limited self serving position---unless of cousre you have a reason to promote thier newsletter