August '07 interest rate decision?

[Smurf1976]

True, but I doubt they would raise rates during an election campaign as it could make or break it for libs or labs.I think they will take into account the fact that they will have to wait so they don't influence the outcome during election time.

Johnny has put the hard word on the RBA in the past and they didn't seem to like it one bit. Payback time?

 

[Wysiwyg]

The cost of stuff is going up more often in recent times so a .5 % increase for mine.

 

[Gundini]

The media is really hyping up this interest rate rise.

Surely our markets will tank if this occurs with a weak lead from the US.

On the other hand, keeping the rates steady should shoot our market up 100 points!

Interesting to see what happens, I'm sitting on the fence...

 

[explod]

Johnny has put the hard word on the RBA in the past and they didn't seem to like it one bit. Payback time?

Yeh, that was for the audience, this one will be for Johnny, no rise in my view


In my posts, any semblance to fact may be a dream

 

[Gundini]

Interest Rate RBA Decission:

Up .25%

Suppose our market will head SOUTH !!!

 

[Awesomandy]

Suppose our market will head SOUTH !!!

I wouldn't worry too much about that. Assuming our poll is an accurate representation of market sentiments, most of the effects of the rate rise would have already been factored in during the past days/weeks.

 

[Gundini]

I wouldn't worry too much about that. Assuming our poll is an accurate representation of market sentiments, most of the effects of the rate rise would have already been factored in during the past days/weeks.

Yes I agree, but I think it will probably end up a nice day trading opportunity, initial tank, then a solid buy up, IMO...

 

[numbercruncher]

Great Decision!!

 

[KIWIKARLOS]

Well things are certainly looking bad for Johnie right about now

What implications do you think increasing rates will have?
House prices remain at current levels for a while.
Perhapes with more rises we can bring down our trade deficit?
With inflation growing in China i can't see our inflation going down enough to warrent a cut in the short - medium term.

Wish i had of gone the fixed rate loan a year ago at 5.75 %

 

[Gundini]

Interest Rate RBA Decission:

Up .25%

Suppose our market will head SOUTH !!!

Must admit I am suprised at the power of this rally... They really did factor the rise in... Oh well, no opportunities for me today...

 

[Kathmandu]

lol i can see it now, 60 minutes , Hello im property investor 06457, I used to have an empire of 97 Investment properties, I now sleep in the back of my XF falcon. Anyone can join this riches to rags rollercoaster, just visit your friendly Subprime broker and realty agent today (>:

Think you may find that the smarter property investor won't have 100% loan's and will have a nice LOC in place to take care of any additional interest payment's though.

I know I do

Don't have anything like 97 properties, but when some of the less than smart (100% loan's, no equity, no backup plan) lose their homes through lack of foresight/planning, I will probably start to increase my portfolio.

That is unless some emotional first home buyer decides to pay too much for the "house they have to have".

Dave