don't xxxx with the rba bro!, page-13

"and if someone has a logical argument that demonstrates another organisation exerts a more dominant, single influence on the Australian housing market than the RBA-I would really like to hear it?"

The majority overseas investors who keep buying our government bonds and the billions of $$ of bonds that our banks have to sell every year to keep operating have much more impact on our economy than the RBA.

As more and more bonds are sold the interest rate tendered will rise and rise, which affects long term funding costs for both government and the banks.

It might be relatively low now, but the government is spending like there is no tomorrow so sooner or later the bond rates will rise big time.