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Well there are two worrying signs that this debate will go to the negative – Up.

First, the Consumer Price Index (CPI) figures for the September quarter were worse, rising 1.2%, than the expected rise of only 0.8%.

Second, and more concerningly, the first of the lenders just sent advice to the broker market that as of Monday 28th October 2013 “our 3 Year Fixed Loan interest rate will increase by 0.10% p.a.”. Not much notice given today is the 25th October, which seems even more worrying as to what their expectations are for the future of interest rates.

As always for more details either call me 0431 775 252 or email.

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