this will make the rba sit up and take notice, page-7

banks still need to make money.

look at the facts, how low are rates in the US? and the banks still charge home lenders how much? 6%, 12%

if house prices drop, and people default on their loans, thats a lot of money banks start to lose on their profit reports.. they need to make money to stay in the game as a result, watch the interest rates go up.