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Boom, to be precise - mother of all property booms is right on your door step. Check your sight.

Exactly my point. Buggers will be smoked out of their cosy rental holes and will learn all the perks of property ownership. But that does not change the equation at all. If there are no new homes - does not do much for rental reduction. Say there are 150 tenants for 100 houses. After one buys...

Interest rates got nothing to do with the rent levels. You will need to lower your rent if by some magic lots of houses will suddenly fall from the sky so tenants will have lots of choice and vacancy rates skyrocket. In reality before building boom we have to have property boom, so it makes...

Please do not forget that at least in US it has become fashionable to nationalise the banks. So if some naughty bank are going for money grab against society, Government owned ones will come up with low rates and drive the hooligan out of business. Any reduction in rates will be for the economy...

Mr Bill L, you have hit the nail on the head. Cash is no longer king. This is for sure. Bonds, I am not sure. Personally, I would better get 18yo girlfriend and spend money on her rather to lend them to Government under the circumstances. Gold is also poor option. Do you know how much gold...

Thanks Dazz, I see your point. Drought is never going to break, shares in Rio, BHP, Woodside and others are never going to fall, and shirt you wear costs Myer about 30-50c so you rather not pay $50 for it and walk around topless - so everyone can see how much hair you got on your chest...

Thanks mate. First version of yours about smoke was really smart - "hairspray" is so-so. But you seem to be a real expert on this stuff, so I really keen that you shed the light on my ignorance. You know, Uni, Phd in economics - I never had time for this kind of entertainment - sorry. Just in...

Zero percent or not remains to be seen, what is blatantly clear - we are heading for the lowest interest rates in history of this country. I explain - RBA certainly is caught on the wrong side when Feb/March they hiked interest rates instead of lowering them. They were afraid of "inflation"...