"The RBA's plan for Australia appears to involve replacing the mining investment boom with housing.
It can't get the dollar down because it's in a currency cannon war with a popgun, but it can cut rates a lot more to at least get the housing market moving. And that's what it will do."
http://www.abc.net.au/news/2012-12-19/kohler-currency-wars/4435690
Surely not too much higher the housing market can move, not quickly anyway.
High AUD + Low IR + High cost of housing + decreasing manufacturing + rising unemployment as mining boom winds down = An bleak outlook for Oz in 2013
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