You struggle with English as well as finance. Did your magic 8 ball tell you rates will be cut in 2024?
Even if they were, in the mean time the mortgage repayments on the average mortgage moving from fixed to floating will be going from $2500 a month to $4000 a month. That's derived from the RBA's own figures, not a crystal ball.
That means the Aussie consumer is about to pucker up tight, whether they like it or not.
Qantas has had an amazing purple patch with pent up COVID demand and constrained supply. That's already reversing:
https://www.news.com.au/travel/travel-updates/surprising-change-to-airfare-costs-as-tickets-drop-from-december/news-story/d7bfcd3955f9e1c15298d1f5e60dfc2d
You struggle with English as well as finance. Did your magic 8...
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Last
$6.22 |
Change
-0.020(0.32%) |
Mkt cap ! $10.13B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.27 | $6.19 | $41.95M | 6.738M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23653 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.23 | 122683 | 3 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$6.23 |
Change
-0.020 ( 0.28 %) |
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| Open | High | Low | Volume | ||
| $6.22 | $6.26 | $6.19 | 1169378 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
| QAN (ASX) Chart |