Baron1,The RBA has effectively lost control over interest rates,...

  1. BruceRobertson
    5,881 Posts.
    clock Created with Sketch.
    30/03/08
    15:03
    Post #: 3522394
    Baron1,

    The RBA has effectively lost control over interest rates, australian bank interest rates are governed by what the banks can borrow money at overseas. If I was an overseas investor I would be reluctant to lend money into the most overpriced housing market in the world. Interest rates will stay stubbornly high imo.
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Chris Judd's Talk Ya Book: Tracking Life360 on a journey to the stars
right-arrow Created with Sketch.
EMD Emyria's Empax Centre chosen for mental health clinical trial
right-arrow Created with Sketch.
AL8 "What is the focus of AL8 and how is management going to attract shareholders to the registry?"
right-arrow Created with Sketch.
NEWS Dominos looks tasty and tempting, but could be too spicy and even dicey
right-arrow Created with Sketch.
NEWS MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners
right-arrow Created with Sketch.
NEWS From the Floor question: "Is lithium dead?"
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.