Also P1 it makes it easier for O/S buyers as they wouldn't be getting the finance in Australia with the lower rates and the shadow banking from off shore .
The other point is what is this REREGULATION!,my oh my how the neo cons in the country are cherry picking what needs to be a free for all and then some less.
It really is pathetic that this country is looking to housing construction to revive the economy,desperate is the word when people are under employed ,retired or retiring and then again giving up.
If the government has the nerve let them put the skids under the low interest rates,after all the big 4 can give back the 8 billion + to the RBA and the government can spend it on education to make us the smart country-----dream on wooduk
