You can see from the last cut at the rba that the cba is not passing it on in full.
This indicates to me that the cuts and amounts cut will slow, but as always time will tell as more companies report and jobs losses continue.
Any fix below 5-5.5% would be great and even rentals will pay for themselves at that rate.
At 5% on 200k you'll be paying 10k p/a.
Investors will start to buy property again.
I think up to a max 300k borrowed at 5% will be the limit for majority of property investors, well in my book anyway.
Those job losses in the US car manufacture sector will flow onto the rest of the world, especially OZ.
Car sales are a great indicator of slowing.
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