Content about interest rates

Content Item - BANKS MAY MOVE ON INTEREST RATES INDEPENDENTLY OF THE RBA

"Many people fear that interest rates will go back to 7%. However, not all areas of the Australian economy are firing and while the economy is stable it is not in the interest of the Reserve Bank of Australia to risk a recession by making it harder for businesses and people to borrow."

"Whether it is for owner occupier property or for an investment, interest rates are still attractive so people should use them for carefully selected properties in well researched locations."

Tags: insider view,  interest rates,  understanding the property market

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