Reserve Bank warned: Housing Affordability Tool Box Empty

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Speculators rub their hands with glee at prospect of further tax write offs “Today’s interest rate increases have rewarded the wrong people. Speculators will today be able to increase the amount of tax they can write off” said Prosper Australia spokesman Karl Fitzgerald. “The Reserve Bank’s policy tool box is empty when it comes to […]

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Interest Rates and the Healthy Economy – Bryan Kavanagh

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Letter to the Age Dear Sir, So let me get this right. Messrs Howard and Costello say the economy has been going so well that the RBA intervened by increasing interest rates to slow it down again? But why should anyone want slow down a healthy economy? Did the government have it going too well? […]

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https://prosper.org.au/2007/08/