DislikedI think that in reality their hands are tied. Guess what happens to the housing market (and the rest of the economy) if the rates stay high for a long time?
I read the RBA minutes and my understanding is they won't be raising or lowering the rates for the foreseeable future. If anything, they seem to be easing their hawkish stance.Ignored
Your argument makes perfect sense, but Australians don't make perfect sense. So there you have it.