Search results

I think you're right Aussierouge, just saying it does have the desired result, that's why they put out such carefully worded statements about interest rates. Having said that I can't see many investors and homebuyers deciding not to buy property because Glenn Stevens has made a statement...

This is in today's Age (10th Feb) http://www.theage.com.au/business/rates-to-fight-housing-booms-20100209-npqm.html The Governor of the Reserve Bank has now explicitly stated that the bank will use interest rates to try and limit asset bubbles and busts such as property booms. I'm not sure...