Wasn't this what we have been saying? And the bears expect them to go back to 10% lol
http://m.theage.com.au/business/the...tes-for-years-economists-20150511-ggyvxe.html
Tuesday's cash rate cut by the Reserve Bank of Australia may have been the last last one in the current cycle of cuts, but that doesn't mean official interest rates are going to rise anytime soon.
Some economists say lift-off may for interest rates may be up to three years away.
