Good questions all round, I'd be more inclined not to take the "chainsaw" approach.
I'd start with closing down the RBA, the cost of money needs to be priced by the market. That's where the majority of this mess stems from IMO. I'd like to think that mortgage rates would be a lot higher if the banks were actually pricing in the risks of the over heated housing market / other investments.
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Good questions all round, I'd be more inclined not to take the...
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