Interest Rates - Up Or Down ?

[GT290]

the best way I found was to go to whatever bank you are going to look at taking finance out with, and have a financial planner come and talk to you at home or go to the bank. its better having 1 on 1 time so you can get your head around everything...

[xr6 typhoon]

the comm bank has put their rates up .14% and business rates have also gone up. by the end of next week the other banks would have probably followed

[R-SPEC]

From where I sit selling property the way I am right now, I can't see a recession any time soon, or later. I'm about to start my Certificate IV in Property (full licence) and there's no way I'd be doing it (2 years part time) if there was even a remote possibility of it happening. So I wouldn't be listening to these bullsh*t newspaper and radio reports about petrol prices going through the roof or interest rates going sky high. They already have! Petrol was 70c a litre when I first got my licence almost 7 years ago, and it's gone up $1 since then. If it were to follow the same trend it would be around $1.50 a litre in 2012.

My old man used to pay 5c for a f*cking can of coke. Now they're $2. That's a huge % increase in 30 years. It's called inflation people! And interest rates will only slightly curb it! If families are not budgeting more towards their mortgage and less to their extra spending, then they'll keep going up. If spending goes down, rates will slowly follow. But it continues to stay where it is, so they'll keep doing what they're doing...

[SCRIBR]

the media took that study out of context (big surprise) anyway.

The $8 a litre was taking into account for a massive increase in demand, little to no increase in supply & very slow reaction to introducing alternative fuel types <-- unlikely to get that bad!

With the shortage in houses.. there won't be a drop in house prices any time soon.