THE BANKS VS THE RBA?? | Mark Bouris on Interest Rates in 2025

Mark Bouris' appearance on Channel 7's Sunrise earlier this week. Mark outlines the current sentiment around a potential interest rate hike from the RBA in 2025, and discusses which of the big four banks are most eager to get ahead of the rate-cutting curve.
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#markbouris #yellowbrickroad #homeloans

[steve-]

the RBA is not the problem. our federal and state governments' spending is the problem. 100%

[amytuttle]

Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Everyone should have BTC in their portfolio.

[vincentcacciola]

Government spending and immigration are the problem good luck with the rates they won't be coming down anytime soon

[gremics-gallery]

Rate Cut just fuels the housing price increase.

Exactly NOT want Australia needs.

Rate Hikes are the only way forward to keep housing prices moving lower. Renters pay higher rents. Households do their bit by paying higher interest.

All sides need to contribute to getting housing under control.

[Robroscob]

Aus post continues to put thier prices up for business deliveries. Killing my business. I feel like i work for Australia Post now.

[PaddyAU]

Good to see mark Bouris seeing the light of no rate cuts, more chance of a hike

[KOPS_]

The realistic picture is rates don’t move for a good 12 months and allow everything to stabilise. Hard to see another rate hike, but the chances of cuts in 2025 IMO is pretty slim

[osc]

Hoping for more rate hikes so house prices won't sky rocket

[teatree]

Banks cut rates for savers to pay rate cuts for borrowers- keep profit up

[michellee]

Money markets always try influencing the reserve

[michaelhunt]

Actually the RBA is the problem with their outdated and ineffective system of reducing inflation. It's clear as day that raising interest rates isn't effective anymore with an aging population that is largely unaffected by rate hikes. This demographic quite literally didn't exist in 60s, 70s and early 80s. Those same demographic of people are now of an age (if they were financially responsible) that allows them the spoils of huge property and real estate investment benefits. Political suicide, but a 5% raise on GST capped at 5 years at the end of the covid lock downs would have all this behind us by now and everyone pays equally according to their financial position.

[lizwirtz]

If banks lower rates for borrowers, they can't pay decent rates to lenders. Money printing through Modern Monetary theory is reaping effects down the track. It's only just started. Rates will have to go higher to keep the value of the AUS$ stable. Predict we will be lucky to keep rates as low as 8%.

[connorfoutras]

Inflation is being driven by factors outside of mortgage holders. Boomers with no mortgage are still spending like crazy, while people with mortgages do it tough. You've had a full year with the cash rate where it is, if that hasn't controlled inflation, then you need to look at other alternatives and help out borrowers who are doing it tough

[stephen]

immigrant in a year. Nowhere in the whole universe except Australian politicians allows this to happen and let Aussie's living standard deteriorating! Poor access to free Medicare, traffic jam, high rental price, expensive basics, and everything !

[AldaRosa]

Because RBA cares more about feeding the big giants than the dwarfs...

[NotABitcoinMaxi]

Mark, you miss spoke pal! Philip Lowe said rates wont rise until 2024, not 2025! Although they still broke their forecast, we are now in 2024! So we need to suck it up and stop crying poor. Some can argue rates are now normalised
Why don't people live within there means, and don't borrow to our max limit. Maybe the banks should have been more sensible approach when they lent it out to begin with.didnt you learn anything from that royal commission

[jameswillis]

The RBA’s monopoly on issuing currency is the problem

Why is an institution in negative equity telling us how to behave?