Given the nature of our 2-speed economy I think it is time the whole 2 to 3% inflation band is rethought. We all know the mining sector is the key driver behind the inflation while the rest of the economy is less than stellar. Time to let inflation ride a bit higher for a period of time 4, 5 or even 6% wouldn't be so bad. We also need to take some of the heat out of our dollar to make our export and tourism industries better.
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- Property
- no more rate rises for a year or more
Given the nature of our 2-speed economy I think it is time the...
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