St. George expects uncertainty in Europe to prompt the Reserve Bank to deliver borrowers a 0.25% rate cut when it meets next in early February bringing the cash rate firmly into expansionary territory at 4%.
A surge in new home sales after the Reserve Bank's November rate cut shows that more cuts are needed to support the fragile housing market, the HIA says.
A two-punch combo of lower interest rates and rising consumer confidence means brokers could face a knockout year in 2012.
Brokers should prepare for a shift towards the certainty of fixed rates among their clients as the European debt crisis continues to bite
The RBA's December cash rate decision has been revealed as a close call, with the board weighing Australia's boom against a European bust