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That would be a beer bearing bear then? ;) OK, so long as we're posting links, how about this one: http://business.smh.com.au/business/nz-central-bank-slashes-rates-says-economy-in-recession-20080911-4e2c.html And the AUD is taking a caning as the world treats us Tasman cousins the same...

I think he's an absolute Joker, Joker! :rolleyes: Two words for you demand and supply. No, make that three, plus affordability. If prices come off even 20% then the affordability equation changes markedly and the demand / supply imbalance would result in a lot of buyers entering the market...

Hi Lizzie, I loved this episode too. I watch the show religiously... But I have to correct you slightly. The piering was ₤300K, but the groundwork was another ₤300K. The pre-fab house itself was another ₤300K. In summary the host said it was about ₤1M split evenly between piering...

Hi Evan, Cool, thanks for clarifying. I agree stagflation is a high risk, but to me a booming commodity sector whilst creating high inflation also creates a stronger Australian economy generally. So that wouldn't necessarily be stagflation, but would be inflation (in isolation) and would...

Hi Evan, OK, now I'm confused. And I ask this with all due respect: Are you saying that in your opinion the economy is going nowhere but down or are you saying the commodity boom will hold our economy up nicely? :confused: Sounds like a bit of an each way bet. Cheers, Michael

Hi Evan, So what you're really saying is my bottle of scotch is looking more and more like a sure bet! You still reckon interest rates are going to hold up if the "economy is going nowhere but down."... :D If interest rates fall 1% or more then I'll be piling into the RE market as will...