Hasn't Stevens tripped over his own feet. He has lost control of the property market. In fact never has had much control. Bit of jawboning in Honkers and UUUUPPPP goes the dollar , exactly what he does not want.
Remedy - drop rates further or he will really annihilate manufacturing, tourism , agric , mining. Must be one of his most irresponsible speeches.
He will have to keep quiet if he wants to have our rates drop.
Me . Going to buy some forex for next trip - thanks Glen.
