Will australia cut interest rate today again?

[krafty]

House prices, iron ore and Australian leave RBA grappling for answers

http://www.smh.com.au/business/the-...ba-grappling-for-answers-20150406-1mf5zs.html


looks like it will...

 

[Ash007]

If not next month. Either way, 2016 is the year to watch for the bubble to burst.

 

[krafty]

hi ash, do you mean the property bubble?

If not next month. Either way, 2016 is the year to watch for the bubble to burst.

 

[Ash007]

http://www.abc.net.au/7.30/

This should give you a better clue.

 

[thinkorsink]

no worries, mate! can ya havd a cuppa tea, yeah...

 

[SgGoneWrong]

Didn't cut today, 2.25

 

[thinkorsink]

no worries, mate! i told ya.

Didn't cut today, 2.25

 

[kiwibird7]

House prices, iron ore and Australian leave RBA grappling for answers

http://www.smh.com.au/business/the-...ba-grappling-for-answers-20150406-1mf5zs.html


looks like it will...

Everything is highly volatile and unpredictable eg price of iron ore, interests rates movement and housing prices. Those who get lured by low interest rates to over-commit in buying houses on low mortgage rates could find themselves in hot soup should interest rates move sharply upwards in the near future.

A more important point! Did any SINKIE ever consider; If worldwide interest rates are heading towards super low, world economy is sluggish and HC is frequently cutting losses(buy high, sell low) on bad investments of Temasek, how can the SG govt continue to pay 4% pa interest rates on the SA for the millions of CPF accounts over an extended period of time?

 

[frenchbriefs]

Everything is highly volatile and unpredictable eg price of iron ore, interests rates movement and housing prices. Those who get lured by low interest rates to over-commit in buying houses on low mortgage rates could find themselves in hot soup should interest rates move sharply upwards in the near future.

A more important point! Did any SINKIE ever consider; If worldwide interest rates are heading towards super low, world economy is sluggish and HC is frequently cutting losses(buy high, sell low) on bad investments of Temasek, how can the SG govt continue to pay 4% pa interest rates on the SA for the millions of CPF accounts over an extended period of time?

Because that's a investment account and not a savings account or money market fund?besides the conditions are strict and its only for a very small amount.

 

[SgGoneWrong]

Everything is highly volatile and unpredictable eg price of iron ore, interests rates movement and housing prices. Those who get lured by low interest rates to over-commit in buying houses on low mortgage rates could find themselves in hot soup should interest rates move sharply upwards in the near future.

A more important point! Did any SINKIE ever consider; If worldwide interest rates are heading towards super low, world economy is sluggish and HC is frequently cutting losses(buy high, sell low) on bad investments of Temasek, how can the SG govt continue to pay 4% pa interest rates on the SA for the millions of CPF accounts over an extended period of time?

You worry too much, don't anyhow spread fear among sinkies. Sinkies have the best govt around who manages an economy that defies any gloom. Just days ago aussies papers reported billions of profits hidden in sg to evade taxes. With so much money in the system, sg economy is one of the world's strongest.

 

[thinkorsink]

sometimes, i am wondering what good will it be for a sinkie who is able to draw his cpf? those who desperately needs money will want to, majority prefer to let the gahment safekeep their money, i think it's wiser this way. sinkies are vulnerable to losing his money, be it scam investments or on womanising. not joking.