From the weekend AFR:
The Reserve Bank of Australia cut rates to a historic low of 2.25 per cent earlier this month,and analysts are tipping another cut to 2 per cent in coming months.
Queensland Investment Corporation chief economist Matthew Peter warned this weekthat should the United States central bank defer raising interest rates, the RBA could be forced to cut local rates to 1.25 per cent, which he predicted “would give a 15 per cent lift to housing prices”.