Interest rates roller-coaster won't affect long-term housing prospects

Posted on 28/05/2011  

NEWS flash: data from the Australian Bureau of Statistics on the trade surplus means interest rates will rise. No, scrap that.

New news flash: the latest data from the ABS showing patchy retail spending means interest rates are likely to stay on hold.

Hang on, hang on. News update: figures showing inflationary pressures from the resources boom means interest rates are likely to rise.

From Terry Ryder's Hotspotting column published in The Australian.

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