Little bit of payback for the LNP. RBA clearly sick of doing the heavy lifting and not getting any help with tax reform from the govt in the budget.
We have a big problem right now.
High debt/Low inflation/No wage Growth = Bad News.
RBA hit panic button after last months low CPI numbers backed up by a drop in Sydney house prices. Just as the S&P 500 rules the US Fed. So does Sydney property performance with the RBA.
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RBA: limits on negative gearing would be good for the economy, page-2
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