The AFR rounded up the property locusts over the weekend to chirp about coming rate cuts. Says Rich Harvey, buyer’s agent and chief executive of Propertybuyer:
“A rate cut would boost confidence and signal the market has bottomed out and that the government wants to kick-start it again.”
…”A cut to interest rates could dial up demand but it’s not the price of credit but the accessibility to credit that’s the problem,” Pete Wargent, co-founder of property investment advisory firm Allen Wargent, said.