The RBA and the Governments federal and state model is all wrong It"s out dated for today .And BAND Played on as ship went down .
There 1700 -1800 building that have gone under this year
5009- 6000 home unfinished But count job not stated by builder that can not take on more work because their insurance level ceiling .
Plus thousands of home in three States from the floods unfinished and and no builders rebuild.
Bush Fire Homes still not rebuilt in Victoria and Tasmania
Insurance on the floods not paid out all drawn out still being told . payments is coming
The 4 banks here re not being paid
this adds unbelievable amount of money
Now put on top of that refinancing of home loans
Read between the lines
THERE IS NO MORE MONEY TO LOAN .The big and small bank are staling on loan paper work applications
THE 4 BIG BANKS MAY WELL GO UNDER
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- Interest rates going higher
Interest rates going higher, page-1087
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