for starters a ¼% is not really that significant and the government has stabilised prices for the election (IMO)
what is significant is that banks are not following the federal?
I were just pointing out that the Labor or Keating Government at the time had devalued the Australian Dollar down from ¥280 to AU$1 ='ing ¥60 (Japanese Yen our major trading partner). This did create a hiccup on Australia's economy including property prices
The government wishes to stabilise property prices (how long they can keep it up is another question)
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- to petzl -house prices do go down.
to petzl -house prices do go down., page-9
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Dani Nadri, Country Manager Australia
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Country Manager Australia
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