"He must mean the Cash Rate for Banks. Zero chance of the...

  1. 399 Posts.
    "He must mean the Cash Rate for Banks. Zero chance of the variable rate dropping to 3.25%. Hell will freeze over first."

    i was talking about the cash rate only, if that happens the variable rate will be some where around 5.5%. i was responding to the everskim's scare tactics that there is "Not much room to drop rates".

 
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