I just think interest rates are far too low for them to be of value in managing an economy, allowing people to get into more debt because of artificial low rates is not good for any economy. There is a fine balance between what debt people can manage and people look for in investing.
Obviously there are many that think interest rates should be lower still, and they will most likely get their wish, it's a race to the bottom where everyone will pay one way or another regardless of where you fit into the demographic.
By the way 5% would get me about $40kpa, only modestly above pension including concessions, so it's not an unreasonable amount considering the lower level of risk. But I'm sure I will pay the price when the market tanks because most of my funds are in equities to get a similar return.
