"1 in 3", page-33

Government took it there to curb inflation which is exactly the point I made in made in my initial post. So I ask again where is the inflation coming from that will cause rates to rise accordingly.

http://www.abc.net.au/news/2013-10-30/5056904


http://www.loansense.com.au/historical-rates.html

If we are talking due diligence lending rules and adherence too them is far tighter now than pre-gfc as are capital requirements for lending. If it wasn't once again the default rates would show it.