Aireys Inlet Real Estate Home Inspections July 23 – 24, 2011

Aireys Inlet Real Estate Home Inspections July 23 – 24, 2011

Aireys Inlet Open houses this weekend

Saturday 23rd July
12:00pm – 12:30pm 22 Beach Road Aireys Inlet
2:00pm – 2:30pm 9 Albert Avenue Aireys Inlet

Sunday 24th July
11:00am – 11:45am Narani Way Fairhaven
2:00pm – 2:30pm 51 Camp Road Anglesea

WESTPAC TIPS RATE CUTS

Westpac’s chief economist Bill Evans has shocked the market by forecasting a series of interest rate cuts.

Mr Evans said low consumer sentiment could force the Reserve Bank of Australia to slash the official cash rate by up to 1 per cent in 2012.

“We were all talking not long ago that rates could go up, but if the consumer remains subdued there may be interest rate reductions and if that occurs that would be a very strong stimulus for the consumer to save less and spend a little bit more,” he said.

But it seems not everyone shares Mr Evans’ view on rates. Last week ANZ’s head of Australian economics and property research Ivan Colhoun said he expects the Reserve Bank to keep the official cash rate on hold at 4.75 per cent until February 2012, when it will start raising rates again.

Aireys Inlet Real Estate Agent James Worssam

James Worssam

mobi: 0418 585 815

 

 

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