Re: Falling $AUD
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0% interest rates (or close to it) isn't that unfathomable... Hasn't the US and Japan being doing it for years?
The way I see it, with Mining (expansion projects mainly) on the gradual decline, the Govco needs to do something to keep people employed. Biggest industry atm is the building/construction industry... Best way to keep that active is to support new building with low interest rates. In the longer term it may result in a housing surplus which will push down prices. It'll work for the short term... And the sad thing is that's all the Govornment care about; short term achievements to win elections :(
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2007 BFII FPV Cobra Ute|Boss 302|6M|#23/100
Mods so far:
Billet Products Shifter|X-Force Exhaust|Herrod Oil Breathers|Whiteline Sway Bar|Tein SuperStreets|Kings FOR-303SL Rear Springs|Melling Oil Pump|Mace Manifold Spacers|Powerbond Underdrives|Pacemaker Headers|Ballistic Cats|XFT Custom Tune @ 308.3rwkw|DBA T3 Rotors|Ferodo Pads|Goodridge Braided Lines
Mods to come:
4.11 Diff Gears|Chromoly Tailshaft
I use & recommend:
Castrol|Motorcraft|Mainlube|Penrite
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