What is happening in our property market today? (07/10/08)
Posted on 7th Oct 2008 @ 10:53 AM
Anja Cass – www.offtheplangoldcoast.com.au
The Reserve Bank has just announced a 1% drop in the official cashrate to 6%!
While the Australian financial system is well placed to weather the current difficulties in the global system, the Reserve Bank today announced a further 100 point drop in the official cash rate to 6.00%!
The aim of this is two-pronged…