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@Trogdor, sure I dont dissagree that rate rises will slow prices down, but only temporarily. Ian MacFarlane (previous reserve governor) said all the same things as Stevens while raising rates in 2003, prices went sideways for a while, but look where we are now. Raising rates cannot be a fix for...

craigb, I think that already happened when the media reported Glenn Stevens saying he would raise rates till we're all hurting and full of regret ( paraphrasing ;) ). But while there are eleven people vying for every ten houses, and the econemy is ok, I dont see it changing. People are more...

aussierogue how long will it take to get back into surplus and what are the main obstacles you see, world growth, or local issues?

WinstonWolfe I'd vote for you! Oh and can I add this to your list, repayments on your Harvey Norman CC for your 46" plasma A PM told me recently that Uni students make good tenants They're pay is not fully comitted to repaying CCs and new car loans. Apparently they're not yet corrupted ;)...

I've posted this before but it might be more appropriate here.

Prices move up on decreased supply and increased demand right? And we have a booming population base because fed and state governments believe we need a larger tax base to support baby boomers, so the demand side wont change direction. Increasing interest rates will decrease supply (by...