Property prices starting to unwind..., page-3

Agree Wang in theory your thesis is solid - though I don’t think that at all means smooth sailing here.

China slated to slow as well which could offset benefits to miners from low $ - retail will also suffer from low $

Domestic NSW and VIC the real issue - economy has been propped up by record low interest rates - it’s unlikely they can swing much lower (particilularly at the commercial bank end - once risk is perceived to be higher in Aus wholesale offshore funding could rise leading to higher interest rates - though should be fairly contained)