Comments on: RBA To Drop Official Interest Rates By At Least A Further 1% Next Week?

By: Looking One Year On; And One Year Forward @ mrd

Looking One Year On; And One Year Forward @ mrd — Fri, 04 Dec 2009 06:44:03 +0000

[...] a great year for those who hold an investment property portfolio. Might I add that we picked every interest rate cut ahead of time (with the exception of suggesting the RBA would go one more .25% down, which they [...]

By: Nick Lockhart

Nick Lockhart — Fri, 05 Dec 2008 08:26:48 +0000

Hi Geoff,

You are correct in saying that interest rates are not good for those relying on returns from cash invested. When the value of the dollar goes up there are winners (such as importers)and losers (such as exporters)… and vice versa. I am a property investor and in the business of helping others on their investment journey. So for us any drop in the interest rate is a good thing.

To me your comment further highlights why I am building a residential property portfolio; which over time out performs cash as an asset class, in my opinion.

Thanks for your comment.

Nick

By: Frank L

Frank L — Tue, 02 Dec 2008 07:38:39 +0000

CONGRATULATIONS ARE AGAIN IN ORDER.
Most predicters on air this morning tipped .75%
Only Stephen Mayne (crikey,com) followed you with 1% maybe even 1.25 or 1.5 I was going to ring in and ask if he got the prediction from you, but didn’t want to embarrass him.

By: RBA Cuts Official Interest Rates By A FULL 1.0% @ mrd

RBA Cuts Official Interest Rates By A FULL 1.0% @ mrd — Tue, 02 Dec 2008 05:31:05 +0000

[...] To read my interest rate cut prediction of last Friday- click here [...]

By: Nick Lockhart

Nick Lockhart — Tue, 02 Dec 2008 04:17:10 +0000

It’s official; RBA has reduced interest rates today by 100 basis points (or a full 1.0%).
See the statement made by the RBA Governor… Glenn Stevens:
http://investmentmentor.com.au/2008/12/02/statement-by-glenn-stevens-governor-monetary-policy/

By: STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY @ mrd

STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY @ mrd — Tue, 02 Dec 2008 04:14:18 +0000

[...] http://investmentmentor.com.au/2008/11/28/rba-to-drop-official-interest-rates-by-at-least-a-fur… [...]

By: Geoff

Geoff — Sun, 30 Nov 2008 10:53:47 +0000

RBA Interest rate cuts are not good news for everyone, bank term deposit and bond rates will fall further with any RBA rate cut and the incomes of retirees, and others who invest in the cash market. will reduce accordingly.
This will be especially felt if inflation does not also fall during the December quarter.
The Aust $ can also be expected to fall following a further cut in the RBA rate.
In my opinion it would be better for the RBA to wait for the December inflation figures before changing its rates further.