Coincidentally, see the following link:
http://macrobusiness.com.au/2011/07/abs-employment-report-analysis/
The 7th chart compares interest rates, employment rates & house price changes vs time. If the GFC is any guide, then now is about the time for government to act. Although the RBA is holding-off so far. The screeching from vested-interests has got to get intense pretty soon.
