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yeah good point shadow. those watching will see it coming.

nope - because then the banks will have calculated it into their long term rates as well. waiting is a fools game. i'd be adverse to say let's see what today and March bring and then decide about fixing, because if i were pulling in 7% yield on a property that cost 5% to hold, i'd be happy. an...

yes very true - point taken and i like your style :cool:

hey i'm not saying for a MINUTE that the current crop of liberals are anything better - far from it - but at least Costello had a clue about macro AND micro economics. i think the one thing that's forgotten here is that with the micro side of things, lower IRs don't instantly equal higher debt...

i will not stand by and watch all these Keating-huggers openly and freely declare their love for the worst PM Australia has seen. his strategy was to raise interest rates to pull australia out of the recession by making ANYONE who owed ANYTHING pay through the nose - so if you weren't a dole...