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re: aap: bad inflation figure for australia. Say goodbye to...

  1. 1,530 Posts.
    re: aap: bad inflation figure for australia. Say goodbye to property, property now at its highest ever level compared to wages(least ever affordable) and we have interest rates at near all time lows.
    Wait until rates start rising some more...kaboom, even the rise in oil price is said to be worth 1/4% rate rise.
    A 1% rise will see quite a few people default on their mortages, the writing is on the wall.
 
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