
Low interest rates opening property investment door to more Australians
A 2.5 per cent cash rate. Get comfortable with that number because it’s not changing one way or another any time soon, if my reading of the Reserve Bank’s recent pronouncements is correct. The Board sees an economy operating at a steady-though-cautious pace. And it is signalling that conditions don’t look like they will alter enough for the case for raising rates or dropping rates having sufficient momentum in coming months to break that inertia...