Won't happen.
Treasury bond rates are rising as our debt increases, that drives interest rate costs onto our banks not the RBA overnight cash rate.
Bit of research shows that bank funding costs are still increasing over time.
Now is not the time to be punting on an interest rate cut and now is not the time to be increasing debt.
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- rate cut on its way soon
Won't happen.Treasury bond rates are rising as our debt...
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Peter Batten, MD
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