That is just not going to happen. With mining coming off the boil and housing picking up it is exactly what the the powers that be want. Construction to keep things going and transactions to keep flowing . Helps everyone's coffers . The moment we put up our rates our dollar will go the other way and that is not what manufacturing or tourism needs.
Irrespective of what we think is good or bad rates will come down further and it suits the powers that be to have housing go up no matter how undesirable that may be. Rate rises will just not happen soon! Its all about political expediency and so little about the common good.
