- Interest rates are low historically, give some support to demand
- Low rates have yet to to boost home loan appetite , so need to be watched carefully
- Internationally, Australian rates are relatively high, but for good reason
- Super-low rates of some struggling economies are ‘not something to aspire to’
- Australian dollar is strong mainly due to commodities, portfolio flows having some impact
- Recent Chinese economic data has been more positive, suggesting growth has stabilised
Nothing ground-breakingly new here…
