- February 24, 2012
- Posted by: admin
- Category: Bank Profits, Budget, Enconomy, Finance News, Financial goals, Home loan product, Inflation, Interest rate, Wealth
I believe the RBA now looks set to stay on hold for a few months. I think there are another two rate cuts still to come but May and July now look to be the most likely timing. Will the consumer see these rate cuts in full? I very much doubt it as the big four hold the market share they will dictate the terms to suit their shareholders.