forward indicator predicts house price crash, page-3

They will drop rates further - there is no doubt about that. It probably won't be next week, but later in the year - Yes.

But the problem is not interest rates - its the level of debt.

The level of debt we have in Australia is the level that will scar people, probably for life. Just have a look at the USA.

I doubt lowering interest rates will stoke the embers (was white hot fire). Stevens credibility will stay in tack as he cuts laging the trend.