The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.
The RBA could take the falling Aussie dollar into account when it meets next month to discuss interest rates. (Source: Getty/AAP) "I can't wait for the rates to drop, but I think the RBA is going to ...