"about this link...again its only up to 2006...from 1997 the rates hovered around the 6.5 to 7.5 mark on average for over 10 years...that was the start of the Howard years...following the disastrous Labour high interest years regime...
the high interest rates that the new labour govt brought in again in 2007 was a huge mistake , as they soon found out...
the US and the UK are keeping their rates around zero...again AUS made a mistake raising them recently"
1. The RBA raises interest rates not the government.
2. The government suggested the RBA may have raised rates too early.
3. If you think Labor = high interest rates, then you should be a property bear.
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