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  1. V

    Interest Rates to Fall Yet Again. Good News For Property Owners.

    No, it's resonses like this that destroy your credibility. Do you understand the difference between directing something and running it? The politicians set high level goals, the government has to implement the systems, processes and measures to achieve the goals that are set. The politicians...
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    Interest Rates to Fall Yet Again. Good News For Property Owners.

    I'll ignore the insulting language, given our previous discussion about playing the man. Public servants have the job of implementing government services and programs on the ground. There are many, many of these and they vary considerably in terms of scope, size, reach and funding. Many...
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    Interest Rates to Fall Yet Again. Good News For Property Owners.

    Interpretation? Serious question: how much real, hands on experience do you have dealing with the federal government?
  4. V

    Interest Rates to Fall Yet Again. Good News For Property Owners.

    'The government' and 'politicians' are two different things.
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    Interest Rates to Fall Yet Again. Good News For Property Owners.

    I've consulted to a range of federal government departments professionally for the last 15 years, and I'm telling you that a lot of what you're saying is simply incorrect. I work with the people who have to set, and implement, many of these policies, and it simply doesn't happen as you are...
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    Interest Rates to Fall Yet Again. Good News For Property Owners.

    Well you've obivously got your mind made up. Based on your last few posts I think you would do well to learn the difference between reality and conspiracy theory. Good luck!
  7. V

    Interest Rates to Fall Yet Again. Good News For Property Owners.

    Disagree. The GFC had a number of causes, and many responses. Rudd tipped a big pile of money into the economy to avoid a technical recession. If we had actually had a recession the banks would still have survived. You're confusing different aspects of response, and indeed government policy...
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    Interest Rates to Fall Yet Again. Good News For Property Owners.

    I'm not suggesting they had no difficulty, but rather that they came through with far fewer problems than many of their foreign counterparts. It's a complicated area, but as I said, it's quite normal for government to engage with large businesses (and even small ones) to assit in compliance...
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    Interest Rates to Fall Yet Again. Good News For Property Owners.

    It's a very common approach across government. Remember, we're talking 'macro' here. Pulling a few levers by a little bit can often correct the problem before it becomes too big. One of the reasons Australia fared so well during the GFC is because of the level of regulation our banks were...
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