It seems to me that RBA just wants to undertake QE so it doesn't miss out on what's going on in the rest of the world. I mean I know Australia is desperate to be recognised on the world stage but I hardly think this is the way to do it! If this investment in commodities rather than Bonds trend continues, Australia stands to rake it in, so I think we should hold off on all this intervention until we actually need to.
Add to My Watchlist
What is My Watchlist?