This is the beauty of a forum, we can read different views and everyone has one. I disagree with your comment that the RBA has made a mistake. I think they were right in what they have done and should continue to do so next month. Yes, other parts of the economy will suffer but such is life, you can't please everyone. Have you had a look at the retail spending fugures over the holiday period?.....not pretty. House prices are too high, spending is too high thus leading to an unsustainable credit bubble. If it is not moderated now then the consequences will be far worse later on.
