zirp, page-3

not me,

i think the RBA at some stage will realise that all low IRs do is make land prices go up

the lack of people to build houses at a affordable rate is also a problem

not only that the banks hardly pass on any cuts anyway and people will just continue to pay down debt

meanwhile those who rely on bank interest will get a hiding

and manufacturing will do what it has always done in most modern countries and be moved offshore

best to jack up rates so those who are saving can save faster and an abundance of savings can be used to purchase property, not cheap credit

they have got it all arse about