The last sentence is something that a lot here do not consider. Rental yield may be lower than historical standards, but deposit returns are lower still.
SO. If you have cash and it is going backwards in a bank and providing little to no income to live off. What do you do? Realistically for most Aussies you have two choices. Shares and Property. IMO Australians as a whole lean more towards property than shares due to lower volatility and the old saying "safe as houses" (regardless of whether this holds true or not)
If you think interest rates are going back to 7.5% again anytime soon, think again. There a hundreds of posts here saying the same after GFC, yet here we are, lowest rates in history.
So if that is correct, then where does all the cash go?
