Australian interest rate slump to the history lowest position, this year might be the best opportunity to buy your dream house

A recent report states that the interest rate of all kinds of saving account in Australian bank appears to the lowest position indicating that the interest rate of saving the account, online saving account and dividend account decline to almost a third of the original rate of ten years ago. Similarly, people mostly predict the interest rate will stay at the same level in the following period.

Low-interest rate implies that depositing can not be the proper way to against inflation, whereas attribute to the low cost of investment, property investment would be the optimal solution.