The RBA has looked past the housing downturn which has gathered some momentum over the past three months, to hold the cash rate firm at their first meeting this year.
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We could all be affected by an economic slowdown if lenders cut back in response to falling house prices
As the housing market continues to fall sharply around most parts of Australia, the risk of the current credit squeeze turning into a credit crunch is real and is rising.
The US bond market is predicting a recession, and it is never wrong, but what will this mean for Australia?
Mortgage rates to investors are up as much as 50 basis points over the same time frame but the RBA has held the cash rate at 1.5% for a record 27th month.
This is the time when value investors' eyes light up as they see through the fear and panic in markets to long-term opportunities. It's bargain time.
After five years of growth, property prices have now dropped 2.7% annually across the country. So is that a reason to buy now or wait?
The only effortless way to get rich is be born rich. But you only get one shot at it and people far less capable than you always seem to succeed at it.
The RBA has kept rates on hold, with financial markets betting the cash rate won't move until at least January 2020.
Labor promised to overhaul negative gearing if elected, but the potential for more downward pressure on house prices will be of significant concern to homeowners.
