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Consumers betting on further cash rate cut

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Australian Broker | 27 Aug 2015, 08:00 AM Agree 0
The majority of Australian consumers believe that the cash rate will be dropped lower than 2% before the end of this year
  • GC | 27 Aug 2015, 09:51 AM Agree 0
    I have been advised the RBA will reduce rates by .25% soon but none of it will be passed to the consumer. This is apparently a result of the Basil requirements.
    Anyone care to confirm??
  • Wozza | 27 Aug 2015, 10:07 AM Agree 0
    No, that cant be right. The head of APRA has already said that clients should fix their loans now and he is always right!!!!
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