So mortgage rates of 17% under Keating were the highest on record.
I thought I said that already? lol
History shows that there is usually higher interest rates under a labor government however in fairness history is simply that and Rudd will have a difficult time stopping a wages explosion. If he can manage the unions and prevent massive inflation then I can't see why we woun't remain with single digit interest rates. Bnaks are already talking another rate rise even though official rates are not going up, due to sub prime. Can't blame either party for that.
