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Too many variables, you will do your head in with questions like this, just accept the fact that the RBA did increase rates and they are now dropping rates very quickly to FIX things. Maybe I need to have a couple of drinks tonight and then think about this but currently in my sober state it...

"financial meltdown takes hold, economic experts have predicted." These would be the same experts that have been right maybe 40% of the time in the last 10years. Why are they going to be right this time? "AT LEAST 200,000 more Australians will be out of work" And the 200,000 number that...

That's what the RBA tell us, and it's what the Gov tell us when rates go up! But when rates go down, who ever is in power takes the credit. Oh well such is life. Maybe we need a thread on how to influence the government of the day? Lobby groups come to mind. Regards Graeme

Short term will help them get re-elected. Long term plan - too hard, won't help with next election. Agree with all of it. That long term planning thing again, Gov just doesn't seem to care about long term, doesn't help with re-election. Way too many short term solutions by Federal Gov, State...

It's all the different groups of people and how they percieve it, the property investors should be able to snap up a few nice bargain properties, the share investors .... well the hard bit is working out when to buy .. is this the bottom, is it going up or down, but compared to last year there...