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Shraka Forums Junkie Location: Melbourne Registered: November 2003	Re: Housing - who can afford it? Fri, 20 May 2005 09:53 ZZT231 wrote on Wed, 18 May 2005 09:09 Shraka wrote on Tue, 17 May 2005 13:36 Didn't Howard win the election by saying interest rates would stay low? Afraid not... In Macroeconomics, you learn that the Reserve Bank of Australia (RBA) is Independent to the Australian Government since I think the Introduction of the Reserve Bank of Australia Act 1975 I think *Someone correct me on the year... The fiscal policy of the government looks at unemployment, welfare and taxes whereas the RBA is only concern about keeping the rate of inflation between 2% to 3%... So in reality, Mr. Howard Lied about interest rates as he has nothing to do with it (and can't intervene) being adjusted as the RBA is independent from the government... We need taxes to encourage Government spending (which will promote general market growth) but spending too much and having alot of disposable income drives up the rate of aggregate demand which in tale will drive up wages which leads to inflation Cheers. I actualy know all this. It was a jab at little Johnny Howard. I did notice that as soon as Howard won the election a whole heap of economists came out and said that rates where gonna go through the roof. [Report message to a moderator]

	Subject	Poster	Date
	Housing - who can afford it?	soarerchic	Sat, 14 May 2005 11:55
	Re: Housing - who can afford it?	BlackGT4	Sat, 14 May 2005 12:10
	Re: Housing - who can afford it?	river	Sat, 14 May 2005 12:15
	Re: Housing - who can afford it?	thechuckster	Sat, 14 May 2005 12:20
	Re: Housing - who can afford it?	Conquest	Sat, 14 May 2005 14:34
	Re: Housing - who can afford it?	jackel	Sat, 14 May 2005 21:33
	Re: Housing - who can afford it?	Apollo	Sun, 15 May 2005 04:40
	Re: Housing - who can afford it?	soarerchic	Sat, 14 May 2005 13:16
	Re: Housing - who can afford it?	sleeker162	Sat, 14 May 2005 13:50
	Re: Housing - who can afford it?	Shraka	Sat, 14 May 2005 14:32
	Re: Housing - who can afford it?	JDM hachi	Sat, 14 May 2005 23:17
	Re: Housing - who can afford it?	Cyber-punk	Sun, 15 May 2005 00:47
	Re: Housing - who can afford it?	Corona RT142	Sun, 15 May 2005 01:14
	Re: Housing - who can afford it?	draven	Sun, 15 May 2005 02:36
	Re: Housing - who can afford it?	M.J.H	Sun, 15 May 2005 05:13
	Re: Housing - who can afford it?	JDM hachi	Sun, 15 May 2005 05:51
	Re: Housing - who can afford it?	soarerchic	Sun, 15 May 2005 10:59
	Re: Housing - who can afford it?	soarerchic	Sun, 15 May 2005 11:00
	Re: Housing - who can afford it?	dimmy77_03	Sun, 15 May 2005 12:05
	Re: Housing - who can afford it?	oldcorollas	Sun, 15 May 2005 15:22
	Re: Housing - who can afford it?	soarerchic	Mon, 16 May 2005 01:35
	Re: Housing - who can afford it?	oldcorollas	Mon, 16 May 2005 13:21
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 03:22
	Re: Housing - who can afford it?	thug_immortal	Mon, 16 May 2005 04:44
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 06:13
	Re: Housing - who can afford it?	THE WITZL	Mon, 16 May 2005 06:45
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 07:27
	Re: Housing - who can afford it?	Conquest	Mon, 16 May 2005 07:44
	Re: Housing - who can afford it?	Toobs	Mon, 16 May 2005 13:10
	Re: Housing - who can afford it?	Conquest	Mon, 16 May 2005 13:51
	Re: Housing - who can afford it?	ZZT231	Mon, 16 May 2005 07:51
	Re: Housing - who can afford it?	dimmy77_03	Mon, 16 May 2005 09:13
	Re: Housing - who can afford it?	Ko Ko	Mon, 16 May 2005 12:54
	Re: Housing - who can afford it?	ZZT231	Mon, 16 May 2005 13:09
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:18
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 03:26
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 03:30
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:35
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:36
	Re: Housing - who can afford it?	Shraka	Tue, 17 May 2005 03:36
	Re: Housing - who can afford it?	ZZT231	Tue, 17 May 2005 23:09
	Re: Housing - who can afford it?	Shraka	Fri, 20 May 2005 09:53
	Re: Housing - who can afford it?	SupraPete	Tue, 17 May 2005 03:38
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 03:39
	Re: Housing - who can afford it?	lumpy	Tue, 17 May 2005 05:27
	Re: Housing - who can afford it?	Ribfeast	Tue, 17 May 2005 09:56
	Re: Housing - who can afford it?	THE WITZL	Tue, 17 May 2005 11:15
	Re: Housing - who can afford it?	thechuckster	Tue, 17 May 2005 11:24
	Re: Housing - who can afford it?	Corona RT142	Tue, 17 May 2005 23:15
	Re: Housing - who can afford it?	soarerchic	Sun, 22 May 2005 11:17
	Re: Housing - who can afford it?	thechuckster	Sun, 22 May 2005 11:34
	Re: Housing - who can afford it?	soarerchic	Sun, 22 May 2005 11:38
	Re: Housing - who can afford it?	thechuckster	Sun, 22 May 2005 12:09
	Re: Housing - who can afford it?	soarerchic	Fri, 27 May 2005 07:18

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