- November 26, 2012
- Posted by: Rogers Property Group
- Category: Latest News
All of the 26 economists that were surveyed by Bloomberg have tipped another rate cut from the RBA by mid 2013. Over half have predicted that the RBA will drop the cash rate to 3% in their December meeting.
How much of this rate cut will be passed onto consumers remains to be seen, however, rate cuts of any nature are positive signs for the property market.