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Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 2:47 pm
by wycbloods
http://www.news.com.au/adelaidenow/story/0,22606,25002305-5006301,00.html

Down to 1964 levels. Keep on going i might actually pay mine off some day :D

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 8:14 pm
by TroyGFC
is it time to think about fixing rate in for 5 years? :?

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 8:16 pm
by Dutchy
reckon there might be up to another 1pc coming this year

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 8:20 pm
by TroyGFC
I heard of a possible 1% in or around April.

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 9:42 pm
by wycbloods
TroyGFC wrote:I heard of a possible 1% in or around April.


some economists are tipping for the cash rate to fall another 1.25% by April, i hope they are right. I would think the GFC is going to last a while and i personally will be waiting for the cash rate to go up once before i fix my loan so i get the longest possible period at the bottom.

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 9:50 pm
by Pseudo
wycbloods wrote: I would think the GFC is going to last a while

Despite a lot of red ink being used on last year's accounts book, I think the GFC will remain with us for many years to come. At least long enough for a few more premierships. :lol:

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 9:54 pm
by Punk Rooster
Pseudo wrote:
wycbloods wrote: I would think the GFC is going to last a while

Despite a lot of red ink being used on last year's accounts book, I think the GFC will remain with us for many years to come. At least long enough for a few more premierships. :lol:

not that any of us will be alive to see it...

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 10:02 pm
by Lunchcutter
yay, i think it's funny... every time we hear of an interest rate cut my boss kicks his desk and swears! makes me laugh (sorry but I have to turn away :) )

Re: Interest Rates slashed by 1%

PostPosted: Tue Feb 03, 2009 10:45 pm
by TroyGFC
Pseudo wrote:
wycbloods wrote: I would think the GFC is going to last a while

Despite a lot of red ink being used on last year's accounts book, I think the GFC will remain with us for many years to come. At least long enough for a few more premierships. :lol:

I was actually reading that wondering what Glenelg had to do with interest rates!!
So my user name is actually Troy Global Financial Crisis!!! :shock:

Re: Interest Rates slashed by 1%

PostPosted: Wed Feb 04, 2009 12:16 am
by Gozu
Interest rates will always be lower under the Coalition!

Re: Interest Rates slashed by 1%

PostPosted: Wed Feb 04, 2009 7:23 am
by Dog_ger
Just proves that the economy is in "Melt Down"

It's going to be a lean 2009.

Super Funds may Fold and we may lose everything. :(

2009 "The Year Of Gloom"

Re: Interest Rates slashed by 1%

PostPosted: Wed Feb 04, 2009 9:46 am
by Pseudo
Punk Rooster wrote:
Pseudo wrote:Despite a lot of red ink being used on last year's accounts book, I think the GFC will remain with us for many years to come. At least long enough for a few more premierships. :lol:

not that any of us will be alive to see it...

Why, are you planning on torching the entire SAfooty membership base sometime before this October? ;)

Re: Interest Rates slashed by 1%

PostPosted: Wed Feb 04, 2009 1:21 pm
by TroyGFC
Pseudo with a comment like that, I hjope you have fire insurance and have saved your photos on works computer!!