Lower interest rates a ‘game changer’ for economy – Westpac

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The Reserve Bank cut interest rates to a record low of 1 per cent today – but the Government is playing a risky game that might end in recession. Jason Murphy @jasemurphy news.com.au July 2.

House prices may get a shot in the arm from current low interest rates and the government’s decision to scrap any chance of a capital gains tax. Westpac’s chief economist Dominick Stephens says house price inflation could reach 7 percent over the coming year, up from 1.3 percent.

Lower interest rates a ‘game changer’ for NZ economy – Westpac – A dramatic fall in interest rates over the past few months will be a game changer for the economy, says Westpac’s latest Economic Overview. "The sharp drop in fixed mortgage rates,

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Elliot Clarke, analyst at Westpac, suggests that they are looking for AUD/USD to fall to USD0.68 in late-2019, then USD0.66 in early-2020.. Key Quotes "The Australian dollar has again held to a.

House prices may get a shot in the arm from current low interest rates and the government’s decision to scrap any chance of a capital gains tax. Westpac’s chief economist Dominick Stephens says house price inflation could reach 7 percent over the coming year from 1.3 percent.

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Falling interest rates are being heralded as a game changer for the economy 22 May 2019 Westpac’s latest Economic Overview report says they’re a good sign for the housing market.

A dramatic fall in interest rates over the past few months will be a game changer for the economy, says Westpac’s latest Economic Overview. "The sharp drop in fixed mortgage rates, combined with.