Australian Economy Stalling

With the economy stalling and our hapless government touting it as fantastic, many are concerned about whats next for the property market.
While property investors like the idea of falling interest rates, all those retired with their income coming from cash and term deposits it may seem like a cruel injustice to bring the rates down to help out the struggling retail sector and middle class.

Its a hard balance to achieve however interest rates are also a measure on how the economy is going. If they are dropping, its usually a sign of the reserve bank to boost the bottom line and relieve homeowners of the almighty mortgage repayment burden

Whats next is hard to say however it clear we are in a slow time in the cycle

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s