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I think there was a hint of sarcasm in Gillysrooms' suggestion...

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tigmeister

13,664 Posts.

128

20/02/18

02:01

Post #: 31174369
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Originally posted by plough ↑

"We don't want any more people getting jobs now, we need a stalling of economy to keep a lid on interest rates but then Roy Morgan Research rates says true unemployment is 19.4% anyway. Don't stress, be happy."

There are more linkages than that , interest rates are determined from what banks and the Govt can borrow at internationally ie LIBOR plus what banks charge or bonds are sold for , increase in the spot rates lowers the bond value , not just from the demand pull on services and goods in Australia.
Higher interest rates overseas , pushes up interest rates in Oz , makes it harder for businesses to turn a profit they lay off staff as you rightly point out

Rezoning parks - that is selling the family silver for living a champaign life style on a beer income was done with the national power grid privatisation look at that result , would say you are the one with out facts and are oblivious to the fact the fed debt is going up around 400M a day , there is not $400B of Parks to sell - oh hold on sell it to the Chinese like West Arm Port Darwin right next to the US military base !

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I think there was a hint of sarcasm in Gillysrooms' suggestion about the rezoning of parks.
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