Cue 2007: RBA had a 0 - 7.5% window to work with when the proverbial hit the fan
Fast forward 2011: RBA has a 0 - 4.75% window to work with.
That gap has narrowed and is now considerably closer to 0%. Are the RBA willing to narrow that gap even further seeing nothing catastrophic has eventuated (as of yet)?
Somehow I think not. Should be a nail-biter though!
