the 'arguments' were valid just for this quarter (mining couldn't export while flooded) ...
as soon as they reopened ... exports resumed (at even higher prices due to a pause) so...no more arguments against raising rates !
unless, of course, we finally realise that this whole country, minus 200 000 miners, is barely surviving in an economy that is barely turning over from all of the money that is being sucked up by 'residential property debt' or 'household credtcard debt' due to high mortgages !
either way...doesn't look good for property market !
i think, now it is appropriate to finish with: timberrrr?
what they dont say, page-77
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