The Government has with no effect been trying to talk the property price down for sometime. The ¼% inerest rise and the threat of more to come may do this (often an overeaction at first, hopefully not)
This interest rise is nothing more than a political stunt which will harm the economy more than it helps! AU$ will go up forcing more goods to be imported from our "free trade" partners With less exports here
In reality I expect the market to shrug off a ¼% interest rise. However the threatening talk of more to come?
