Dreamers.
Houses up 15% in one year, just about everything going up in cost which suggests inflation. Does it scream out that people need a rate cut? No, it says people are spending like there is no tomorrow. Even main stream press is saying to expect 1-1.25% more by the end of the year.
Rudd even told us to expect interest rate pain, as he put it. PM's usually fight against hikes, but he is a realist I guess.
