Interest Rate Rise (1 Viewer)

[PrinceHarry]

All economic data shows interest rate is rising because australians are getting too rich. Which is a good thing. If people cannot afford homes let them live in a stately mansions.

 

[withoutaface]

Government management can't compensate for a population of overspending morons.

 

[Justin]

Most excellent. More interest on my savings.

Incorrect.

 

[withoutaface]

There is no surer way of putting even more pressure on inflation than by winding back the clock on industrial relations to the centralised and rigid system that Kevin Rudd and Julia Gillard want to introduce.

The solid wages growth we presently enjoy will spiral out of control in some sectors under Labor's pro-union system. Home owners across the country will end up the losers.

That's why Mr Rudd and his Patsy Premiers never ever mention IR when they talk about interest rates and housing affordability.

Justin Simon

Yeah, that's right.

 

[velox]

interest rate rises are good, at least it makes the real estate market more affordable

 

[mr_brightside]

Most excellent. More interest on my savings.

 

[iamsickofyear12]

It's all Howards fault. If we elect Rudd he will lower them.

 

[Enteebee]

excellent, pain and misery for those whom may seek to oppose our dominion.

 

[Justin]

It's all Howards fault. If we elect Rudd he will lower them.

And John Howard's excellent economic management skills simply wont allow there to be a rise in interest rates. Never ever will there be a rise in interest rates. Never ever will there be a GST.

 

[2syllables]

It's all Howards fault. If we elect Rudd he will lower them.

once again i see ignorance amongst the people of australia.....LIKE I SAY TO MOST PEOPLE IT IS NOT THE HOWARD GOVERNMENT WHO DECIDES THE INTEREST ITS THE RESERVE BANK OF AUSTRALIA FOR CRYING OUT LouD

they signed the independance paper with the govt a few decades back...so they have the duty to set the interest rates not the howard govt....however, before they realese the interest they do in fact inform the whole govt what they going to do...and they have to give reaons and evidence to why they rise the interest rates!!!

secondly, we dont what a stupid labour govt whom like many others like KEATING FOR EXAMPLE WHO CAUSED OUR CURRENT ACCOUNT DEFICIT TO GO OFF THE ROOF dont noe how to run the country.......Keating whom back then setted the interest rates was so lazy that he ignored inflactionary expectations and when it was too late he raised interest to freakin 16% - man that helped the country......NOT!!! WHEREAS WE ONLY RAISE INTEREST RATES IN BITES WHICH WILL NOT HARM THE COUNTRY

I DONT WHAT A GOVT WHO DOESN"T KNOW HOW TO RUN A COUNTRY I WANT MY CHILDREN TO LIVE IN A PROSPEROUS COUNTRY......

THIRDLY, the howard govt now has consecutively ran surplus for fiscal.....and the public sector net debt is ZERO OMG!!!!!

 

[2syllables]

And John Howard's excellent economic management skills simply wont allow there to be a rise in interest rates. Never ever will there be a rise in interest rates. Never ever will there be a GST.

MATE....DO U WORK?...>MATE....GST HAS ALLOWED INCOME TAX RATES TO DECREASE MATE......cause now there isnt much pressure on income tax as the source of revenue for the state governments....WITHOUT GST WE WOULDN"T HAVE OUR TAX DEDUCTED!!!!!

 

[2syllables]

Most excellent. More interest on my savings.

mmm...agree not only this....more captial inflow from overseas...yah! increase our AUSTRALIAN DOLLAR!

 

[onebytwo]

It's all Howards fault. If we elect Rudd he will lower them.

remind the bos community what rates were at when howard was treasurer in 1982.

 

[2syllables]

Government management can't compensate for a population of overspending morons.

true!

 

[wuddie]

i don't know where people get the idea that the government should be responsible for interest rate rises. if anything, they only got themselves to blame for spending too much and putting upward pressure on inflation.

i guess that's the aussie way of life, spend now, worry/whinge later.

 

[2syllables]

i don't know where people get the idea that the government should be responsible for interest rate rises. if anything, they only got themselves to blame for spending too much and putting upward pressure on inflation.

i guess that's the aussie way of life, spend now, worry/whinge later.

explain how has the government spend too much...we should also blame ourselves mate!

 

[kiwi]

Im pretty sure that guy was reffering to the public when he said "they have themselves to blame" ^^^^


Banks really need to stop throwing out credit to idiots who say " i dont have the money BUT ill wack it on the card and pay it later ! yeah thats a good idea !, hey i need a house !, i know ! ill borrow 110 % of the gross and get some furniture while im at it !!!!"

financial institutions need to use a little more discretion when handing out the dough.

 

[jb_nc]

Im pretty sure that guy was reffering to the public when he said "they have themselves to blame" ^^^^


Banks really need to stop throwing out credit to idiots who say " i dont have the money BUT ill wack it on the card and pay it later ! yeah thats a good idea !, hey i need a house !, i know ! ill borrow 110 % of the gross and get some furniture while im at it !!!!"

financial institutions need to use a little more discretion when handing out the dough.

yes because it is a banks job to not make money

 

[jb_nc]

Government management can't compensate for a population of overspending morons.

here, have your prosperity but im sorry guys you just cannot enjoy it.

 

[kiwi]

yeah, yeah. im aware of the whole "dont let emotion get in the way of profit" train of thought. But there has to be a line drawn when people can borrow 110 % of a loan and use two other credit cards to pay off another. surely banks realise that their fueling inflation.