It is very uncertain, that's for sure. Even the best economists in the world have a very poor track record of trying to predict cash rate movements, so one has to hold these things with open hands.
But in my mind it's a bit silly to ask "what if interest rates again peak around 17%" - there are a lot of very big differences between now and what we saw in the 70s/80s. If interest rates peak around 17%, the entire Australian (and world) economy would be obliterated. Debt levels are way higher than they were back then, so we won't see interest rates anywhere near 17%. But lower interest rates have a much more serious effect on markets because of how much more indebted everone is nowadays.
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Last
$3.53 |
Change
0.140(4.13%) |
Mkt cap ! $2.552B |
Open | High | Low | Value | Volume |
$3.44 | $3.54 | $3.44 | $6.022M | 1.716M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 11110 | $3.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.53 | 12232 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4758 | 3.510 |
1 | 14010 | 3.460 |
1 | 1400 | 3.450 |
2 | 8758 | 3.440 |
2 | 5258 | 3.430 |
Price($) | Vol. | No. |
---|---|---|
3.550 | 2000 | 1 |
3.560 | 14758 | 3 |
3.570 | 3758 | 1 |
3.580 | 40423 | 5 |
3.590 | 25183 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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