FYI .. "Three of Australia's leading economists, with 100 years...

  1. 61 Posts.
    FYI ..

    "Three of Australia's leading economists, with 100 years of experience between them -- Westpac's Bill Evans, NAB's Alan Oster and Bank of America Merrill Lynch's Saul Eslake -- are still predicting the central bank will be forced to cut rates, according to Bloomberg."

    Rising unemployment and the end of the mining boom will drive the cash-rate lower they say.

    Not one to sit on the fence, Bill Evans has told Bloomberg he is still predicting two rate cuts in the second half of this year.

    Given the low interest rate environment, against all the odds, Australia's house prices could be set to continue their rise and rise ..
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.