I do not give a damn about people who can not see beyond their noses and constantly engage in the competition of who has more hair on their chest. If AUD is not a concern to you - fine. When you will be hit by falling grain prices it perhaps will start occuring to you - slowly.
Anyway -you are...
http://www.melbourneinstitute.com/research/macro/PressReleaseCSI20091014.pdf
Translation in plain English: Rates above 3.5% will kill the economy. Rates at 4% now will have the same effect on the economy as 16% rates of 90s when debt/income ratio was just 45%.
If even Bill Evans can...