Largest Australian fund manager Oliver: RBA to cut rates to 1% in H2 2019
Bloomberg is out with the key comments by the largest Australian fund manager AMP Chief Economist Shane Oliver on the RBA”s interest rate outlook.
Sydney and Melbourne prices will drop a further 10% in 2019
Peak-to-trough fall 20%
A "perfect storm" smacks housing
Reserve Bank of Australia will cut interest rates in the second half of 2019, from 1.5% now to 1% by end 2019.