Australian (ASX) Stock Market Forum

Inflation

He would never have been in this position if he had not dropped rates below 2%.
Anything below that was going to stimulate nothing but the housing market, as if it needed stimulating at any time.
So what will he do now that the housing has become even less affordable for the new entrants?
Mick
 
He would never have been in this position if he had not dropped rates below 2%.
Anything below that was going to stimulate nothing but the housing market, as if it needed stimulating at any time.
So what will he do now that the housing has become even less affordable for the new entrants?
Mick
It wasn't an accident and he's not going to do a great deal about it even now.

Inflation and immigration will run hot so house prices do not drop. You just watch.
 
LOL at Phil Lowe. Came out today to state that a pause didn't necessarily signify the end of rate hikes - as if jaw boning is going to work with CPI at 6%+.

Meanwhile RBNZ leading the way again, surprise hike of 50bps!
Just read recently that our beleguered RBA Leader doesn't know where the $100 are all going. Perhaps the fiflthy rich are using them to light up their Havana cigars.
 
He would never have been in this position if he had not dropped rates below 2%.
Anything below that was going to stimulate nothing but the housing market, as if it needed stimulating at any time.
So what will he do now that the housing has become even less affordable for the new entrants?
Mick
Mr mullo perhaps he looking for plan b,c,d,etc to save face and then look good.
 
It wasn't an accident and he's not going to do a great deal about it even now.

Inflation and immigration will run hot so house prices do not drop. You just watch.
Been noticing in an area a few k's from us that quite a few homes have come onto the market recently, and then a SOLD sign quickly appears. Perhaps a lot easier to buy an existing joint than trying to build, plus then there is the factor in finding a builder to erect the home without going bust.
 
Services PMI comes in way below estimates, markets plummet, as do rates, markets now thinking the corner might have finally been turned.

Doubt.
 
LOL at Phil Lowe. Came out today to state that a pause didn't necessarily signify the end of rate hikes - as if jaw boning is going to work with CPI at 6%+.

Meanwhile RBNZ leading the way again, surprise hike of 50bps!
One thing that can be a certainty, Pollies and top Public Servants are good at jaw-boning, ad-nausium
 
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