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Yes, I remember something similar, from a few months ago (and I may have even dropped it in a thread on ASF somewhere - was looking for it). In fact it may have even been along the lines of something like 70% have some buffer in their offset accounts, of several months.Part of the savings were from the Covid-induced changes in spending patterns and part was that blind Freddy could see there was going to be a situation like now happening sometime. Now the action of raising rates has been established, then how far up they will go is the big unknown.
Yes, I remember something similar, from a few months ago (and I may have even dropped it in a thread on ASF somewhere - was looking for it). In fact it may have even been along the lines of something like 70% have some buffer in their offset accounts, of several months.
Part of the savings were from the Covid-induced changes in spending patterns and part was that blind Freddy could see there was going to be a situation like now happening sometime. Now the action of raising rates has been established, then how far up they will go is the big unknown.
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