possible further interest cut in aus, page-2

ECSC,

I think the RBA does not have a choice but to cut rates again

I feel that there is more than one cut in the pipeline as well

I think in 4-6 months our cash rate would be 4% or even lower...maybe 3.5% I hope. Well I have a mortgage and I hope rates goes to 2% hehehe...then again the banks have to pass it on of course

If the world goes into recession (evident by the desperate actions of the world's central banks) Australia will too follow

Australia has been strong in the last 5 years is due to the mining industry. Now as the mining industry softens we will be in trouble

I anticipate at least 1% is coming in the next month or two