I was just reading Perth now news, a article on the eastern states, (not Perth) the wealthy immigrants from China (all thanks to Kevin Rudd relaxing the laws to allow them to buy) are pushing up our inflation figures, therefor RBA pushes up our mortgage rates. The article continued to write that foreign investors from Hong Kong, Asia, are buying up houses in streets for development.
I ask how are they allowed to do this, when RBA obtains there figures why are the figures all pooled in one lot of statistical information, why isnt it separated to see what is the truth of our domestic market from the foreigners who are creating problems for us.
Thanks Mr Rudd and the labour party for stuffing up Australia, you helped your mandarin buddies, not your own Australians.
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