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Regarding your fear I see it as an extension of Globalisation. What we do well they will buy, food, minerals, etc. What they do well we will buy, small manufacturing, clothes, etc. It is bit like where I grew up in Shepparton. In Shepp we grow Fruit well. Orchards everywhere...

ALso part of the article but not originally posted, peter 147 A property frenzy like no other April 1986 - Financial deregulation Hawke/Keating Government starts deregulating the financial services industry, opening the big banks to competition from new entrants. February 1992 -...

Correct, I am viewing only three markets, Gold Coast, Sydney Inner City and Macedon Ranges VIC. These are dropping or very negotiable. ;) Perth has the resources boom i assume and Rocky could be at the end of the wave? Those who sold up in Sydney buying in Regionals? Just a thought...

Back to the article it was one of the best (and few) things written that outlines in simple terms where the economy is as. In some ways the economy is like a tightrope act. Provided the RBA and Gov is concentrating, the act whilst dangerous, is a calculated risk. A point that I noted...