yup when interest rates hit 20% - into a 10 year term deposit fixed for 10 years - great stuff.
Good on ya australia - i think though rates will stop rising at 5.25% - people are so far in debt each 0.25% now is like 1.5% rises in 1987 - 1992 (thats according to well versed newspaper articles lol)
The impact of each 0.25% now is 6 times greater than under labour - debt levels to annual income are 6 times more than they are now.
