RBA has indicated that interest rates may go lower.
Comments on the economy not performing in line with the guidance.
Interest rates may go down because the economy is slowing faster than expected.
Also apparently the RBA has indicated that property will fall over the next few years.
This is just a summary that I heard on the radio whilst driving. Cant find much about it except an online article in THE AUSTRALIAN but you have to be a subscriber.
I read an article on a property website and of course they talked up everything without commenting on the whole speech.
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