Added over 9 years ago

Prepare for more interest rate hikes

Interest rates may increase a further 100 basis points over the next 12 months with the RBA taking a medium to long term view to enter a restrictive phase of interest rates. Reserve Bank governor Glenn Stevens’ reasoning behind the move was that the “balance of risks had shifted to the point where an early modest tightening of monetary policy was prudent”. These rises should be considered in any investment property analysis and investors should look at the impact of this to their properties.

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