One in three investors would move their portfolio for a rate saving of half a percentage point, and 65 per cent would switch for a full percentage point, PIPA research found. Chairman Peter Koulizos said cash flow was the pressing concern, with more than 13 per cent of investors running a monthly deficit and about 8 per cent deferring repayments during lockdowns. The Reserve Bank left the cash rate at 0.25 per cent.
Reported by
Gerv Tacadena, Your Investment Property, 20 October 2020
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