10% yield - only IO Junior to pay dividend, page-47

interest rates are set by the RBA ..to stimulate employment in housing not as much about housing prices .
as unemployment rises from the masses leaving mining and its services along with Rural town demise and regional unemployment growth.(Adelaide is a MESS ) .
the RBA will cut rates again just as USA is stalling its rate rises and allowing OZ to catch up to its LOW rates near 1% .. the AUD will tank to 70c as RBA cuts 2 more times .

AUD will have trouble pushing thru 80c if it does the RBA will talk it down or act sooner than expected.
the RBA also wants the Healthy margins from mining to maintained/restored for balance of payments + taxes revenue to be restored to state + federal governments .

the RBA knows a lower AUD Restores employment Growth in Education ..Tourism Mining..Manufacturing...and all Exports products.,, it reduces Imports of foreign goods and supports local products and enterprise.
just what we and our kids all need now .


more houses will be built for the rental incomes ..as investors seek rental products bought with Cheap interest rates..

when interest rates go back up .( with the USA ).House prices will Crash and our kids will buy them cheaper with money earned from working in strong industries in a low AUD world..

in the end .. Our kids will inherit the Baby Boomer houses 1 day and the land wealth is passed on to fewer kids..as the demographics shift

anyhow lower Rates are coming = lower AUD = good for everyone accept travelers and importers.