I would not hold your breath for any uptrend in the Australian economy, in my opinion, we are in for a long shallow recession.
So variable rates will track sideways for a while yet.
Meanwhile, although rental and wages growth will slow, it will still continue to climb, albeit at a slower pace.
Cheers,
Booz
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- interesting perspective on pos cash flow prop
interesting perspective on pos cash flow prop, page-2
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