mika,But what rates are you talking about?If you are talking...

mika,

But what rates are you talking about?

If you are talking about the official over night rate as set by the RBA; then yes, they can possibly come down.

But if you are talking about the interest that the banks charge on loans: Then no. These rates ain't coming down.

If there are problems in the world economy brewing: Who is gonna wanna lend money to a banking system with the same one horse economy as developing nations, but with a property market more pricey than other developed nations?



- pug