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Stop cutting rates: ANZ chairman

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Australian Broker | 26 Mar 2015, 07:00 AM Agree 0
The chairman of major bank ANZ has said interest rates are only one factor in the economy's performance
  • John | 26 Mar 2015, 09:13 AM Agree 0
    For once the ANZ Chief is right, STOP CUTTING RATES!
  • SEQ Broker | 26 Mar 2015, 11:09 AM Agree 0
    Yep. Agreed. We might get the odd situation where if a customer cant afford his mortgage then has to sell his property, then cant afford rental because it is much higher than a mortgage. Rate cuts have lost their impact - especially on FHOG market.
  • Papery | 26 Mar 2015, 11:50 AM Agree 0
    Finally some really smart people making some smart commentary about broader issues.
  • CJ | 26 Mar 2015, 12:21 PM Agree 0
    Hard to use Oil in your argument when it's barely moved - gone from $41 USD to $46USD, but at Petrol Stations it's gone from $1.01 to $1.37 per litre, when before the drop it was around $90USD & we were paying $1.50 p/l - how does that work?
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