Big migration numbers to Sydney and Melbourne kept the bubble...

  1. 8,925 Posts.
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    Big migration numbers to Sydney and Melbourne kept the bubble floating along and the low interest rates is just one of the solutions to stop the bubble deflating badly. That is why they are stealing the savers deposits through low rates. I pity those savers who scrimps and saves as they are too scared of other investments. Now they must eat into their saved capital. They have been torched in the effort to minimize the damage of a deflating bubble. These savers must be dearly tempted to **le on other investments to get a return on their money. Money in the bank is like dead money.
 
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