When a bucket load of people come off their 2% fixed rates in June/July we will see the effects of the rate rises which is why the next movement in Australia is predicted to be down. Based on average mortgage of $600k there's $20k p.a. less spending for a lot of households.
If America raises rates again then the $A drops and TPD makes more profit.
If US inflation remains high then TPD makes more money.
Not much in the queue on the sell side and the buying volume only needs a couple more big days to be having a crack at 20c
- Forums
- ASX - By Stock
- Talon Today
When a bucket load of people come off their 2% fixed rates in...
-
- There are more pages in this discussion • 255 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)