Quote:
Originally Posted by Maka
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I don't think the RBA have the balls to raise rates even though they say the Oz economy is getting better like they say the U.S is also improving 10 years after the GFC.
U.S interest rates were basically 0.00% for near on 8-9 full years to try an spur on borrowing again but it did'nt work.
As your article shows even a .5% here in Oz up from 1.5% will have an impact.
I think wages need to rise.
