I was just thinking about this.
Take one of these mortgages.
So you pay 300K instead of 600k. I don't know the exact breakup but for the purposes of example. Or holder has 500K mortgage for 1 million dollar priced house, taxpayers on the hook another 500K
Interest rates go to 18 percent. Have a less mortgage, your fine, taxpayer problem for the rest,
Lol talk about putting the RBA between a rock and a hard place. AUS dollar exit?
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another stupid idea from Labor...., page-59
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