A position of $20bn better off on the books would be very handy about now. Don't you think?
Of course there are those out there who would borrow $480000 for their home when $300000 is all that is required - nice car, bigger shed, pool/entertainment area and so on ... they are probably now tipping spending cuts to their own budget also given the other flood of rate rises.
Just the way I see it. Not expecting a Lab voter to see the same. I acknowledge they don't think like that.
