australian houses 'world's least affordable', page-16

Swannie's already on the case, so it must be a foregone conclusion lol:

"WAYNE Swan has launched a pre-emptive strike against banks ahead of any official interest rate increase in the wake of inflation data today."

http://www.theaustralian.com.au/politics/swan-warns-banks-to-limit-rate-rises/story-e6frgczf-1225823994164

How will up to another 1% over the next 6 months help with the ever upward, bubble-less housing market?

RBA rates at 1% probably equals 2.5% from the greedy banks. Ouch

Tennants' nightmare, landlords' dream.