Westpac forecasts October rate cut
William McInnes
Westpac is forecasting the Reserve Bank of Australia will cut the cash rate to 10 basis points when it meets in October.
The bank is also tipping the RBA will adopt a 10 basis point three year bond target and adjust the rate on any new drawdown on the term funding facility to 10 basis points.
Westpac chief economist said deputy governor Guy Debelle's speech on Tuesday gave a fairly clear hint the board would cut the cash rate and other key policy rates when it next meets on October 6.
Westpac's chief economist Bill Evans . James Brickwood
"The Bank is also likely to extend its objectives for bond purchases to include general support for the Australian and semi government yield curves in the five to ten year maturity range. It is likely to leave this commitment open ended at this stage," he said.
"We have discussed these issues in previous notes but did not expect the action as soon as the next Board meeting as now seems to be the case."
Westpac said while it was optimistic about the short-term outlook, that wasn't what was behind the RBA's thinking.
"It is the medium term projection that the unemployment rate is still likely to be around 7 per cent by the end of 2022 – the Deputy Governor refers to a “slow grind” – and that the shortfall in demand will be” a significant break on the recovery”," said Mr Evans.
"That outlook is unlikely to change in the November forecast revisions, hence no real case can be made to 'wait'."
On Tuesday, NAB said it saw significant risk of the RBA easing policy further by cutting the cash rate, 3-year yield target and TFF rate by 15 basis points to 0.1 per cent, and those measures would be announced at either the October or November Board meetings.
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0.25到0.10，那房贷利率预测多少？
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楼主多虑了，真降息银行fix rate也基本降不了多少了。
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银行基本不会跟进。
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这几年他们一直是这么说的，结果固定利息从5降到2
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那房价岂不是要上天？
现在House大部分已经接近， 有的甚至远超越2017的峰值了。 看来政府铁了心了，要把房价拉上来。
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能不固定就别固定了
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除了拉房价割韭菜政府还有什么更方便容易的法子，涨一波就可以割一波
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刚定
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小贷款机构会不会倒逼着4大跟进降息？
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应该四大会降到2以下。
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想多了
Fix四大现在是2.29
就算全额跟进也不会2以下
而且fix不可能全额跟进
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5 这么说是没根据。你可以参考下负利率状态下的国家房贷也要1.5%+
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小机构现在其实不比四大便宜，1.99的年率 比四大便宜的0.2。差的0.2其实就是四大养branch banker broker的钱，小机构赚到的要比四大多
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四大一直喊成本高啊，让他们自己主动跟进真是难得一次
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参考一下美国目前0利率，然后房贷利率大概3%
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难
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浮动降0.15%还是比固定高不少
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拉房价救经济？都是中国玩剩下的。中国现在要去杠杆软着路很痛苦，澳洲会不会以后也会如此
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观望中
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固定1.99也行呀，拉个噱头，降到2以下
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以后的事让以后的政客去处理，现任们只今天先过好
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westpac P+I 自住贷款浮动利息2.19%了。去问问他们的flexi产品。觉得有用的别忘了给我加分
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怎么是2.19%，我看到官网是2.29%加3000刀cash啊
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你问一下，再给0.1不是问题。我今天刚谈妥。
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