17.5 percent ? Do you have an article ? Article I read said up to 6.5 percent
https://www.bloomberg.com/news/arti...sing-boom-peak-has-passed-morgan-stanley-says
The housing slowdown, combined with a decline in mining investment, will ripple through the economy, putting 200,000 jobs at risk and pushing the unemployment rate up to 6.5 percent, Morgan Stanley said. That will prompt the central bank to resume cutting interest rates in the second half of next year, lowering the benchmark rate 50 basis points to a record low 1 percent.
