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Gday CT

Yeah I wasnt surprised at the RBA's decision also.

When you have $450k houses in Melbourne being sold for $150k above its reserve price, you have a problem. my fiance and I are trying to find a house but insanity has entered the housing market down here in the last few months. To be honest as Ive discussed with you before, Im not keen on buying a house right now. Rental yields are near historic lows. they havent increased with house prices. Better off selling your house at a 4% yield and renting and investing the funds to much better use.

yeah the liver was holding up ok until the rba's decision! With the amount of booze Ive been buying in recent months, Id say that probably contributed to inflation which was also a variable in the rba increasing interest rates :-)

Cheers