Thank you Mike was thinking of posting this. The consensus was a 0.1% rise and they were wrong how could that be OMG.
Buyers facing higher qualifications and generally tapped out the RBA should have lots of room to move. Other issues however for them in their fish bowl.
Banks still lent $20B so this has not stopped it should just be a steady decline unless that funding crisis erupts. Sooner or later i think it will unfortunately.
CW
