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He he my job is quite safe i work for a company that will operate regardless of the economic conditions, if we stop operating people will die:eek: I do not have a single debt:cool: and i got enough savings to take me through any situation:D

Below article from SMH yesterday is saying the bank will put rates up after budget and RBA warned they will have to do something to curb inflation before it gets out of hand. http://www.smh.com.au/business/nothing-swan-can-do-to-stop-rate-rises-20110506-1echp.html

There is the answer to all your questions Answer to this thread http://www.smh.com.au/business/nothing-swan-can-do-to-stop-rate-rises-20110506-1echp.html

Unofficial briefings eh? LOL how can we get a ticket to these unofficial briefings? Unofficial brifing toJournalists LOL Damn i didnt know that :)

Rates will only go up Those who are saying rates will drop.. are you guys serious? Rates dropping?so you are saying the government will let runaway inflation put more pressure on family budgets? Rates will definitely go up and to say it wouldn't is like saying house prices are only going up as...

Peter appreciate your explanation but its not what we hear from RP data? see below for their comments "Clearance rates are bouncing around the low 50% mark each week, the number of homes being advertised for sale is almost 30% higher than at the same time last year, and sellers are being...

RP Data on Supply Not sure you guys read the news yet but RP data says "Clearance rates are bouncing around the low 50% mark each week, the number of homes being advertised for sale is almost 30% higher than at the same time last year, and sellers are being forced to adjust down their price...

I don't get this, you say less demand from Buyers. Buyers have to live somewhere right? if they don't buy they would live at the same place so there wouldn't be extra demand anyway? even if the rents go up renters will still pay it until they think they are ready to buy. So when you say...

Rates are definetely going up Isn't it plain to see that rates are going to go up? i don't know of any other method that RBA uses to curb inflation than lifting rates.