I think it's neutral for SVR having delayed or even 1 or 2 rate increases, not that I think we'll get those.
RBA would only look to increase rates if employment is strong & strong employment means lower bad debts.
0.25% on 4.35% is negligible compared to 4.25% on 0.1%.
It'll delay the tailwind & profit recovery back to historic levels but not adversely impact the current numbers by much.
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Last
$1.62 |
Change
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Mkt cap ! $319.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 9886 | 1 |
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