What do you make of the record breaking rate cut?

[donnashuggy]

Great for those buying a home.

Is it good news or bad?

[newstart2380]

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@donnashuggy wrote:

Great for those buying a home.

Is it good news or bad?

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Yes great for those with a mortgage but not so great for those people with savings invested

Lots of people fall into both of the above catagories so win on one hand a lose on the other.

[lakeland27]

This undermines the claims the libs made throughout at least 3 election campaigns 'under a liberal government interest rates will always be Lower'  Touted by liberal treasurers and finance ministers as the ultimate boast and the cornerstone of  liberal smugness itself now gone... deleted.. wiped out.

hockey has the gall to attempt and turn it around as some kind of evil omen, a sign of iminent destruction. he is a real goose.

[***super_nova***]

Great for home buyers, great for business. 

[donnashuggy]

I have had an extremely busy day on eBay today, a bit like Christtmas

[lakeland27]

really ? i went out and spent too much myself.. on essential items of course

[newstart2380]

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@lakeland27 wrote:

This undermines the claims the libs made throughout at least 3 election campaigns 'under a liberal government interest rates will always be Lower'  Touted by liberal treasurers and finance ministers as the ultimate boast and the cornerstone of  liberal smugness itself now gone... deleted.. wiped out.

hockey has the gall to attempt and turn it around as some kind of evil omen, a sign of iminent destruction. he is a real goose.

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Reminds me of another great quote" there will no carbon tax under a government I lead"

[***super_nova***]

Tony Abbott says rates always lower under Coalition

Read more: http://www.news.com.au/features/federal-election/tony-abbott-give-interest-rates-guarantee/story-fn5...

[crystal**flake]

I am now going pull out a window in my house and turn it into a sliding door. I've been wanting to do that for awhile.

[donnashuggy]

How miserable.