Mortgage holders are cruising for a bruising (Leithvo)

This interview on News24 discusses the fallout from Tuesday's interest rate decision from the RBA.



Cutting government spending, and addressing the crushing debt, along with cutting immigration (not mentioned here), are things that are desperately needed. House prices have been overinflated for some time due to the low interest rates and the influx of people. The property 'market' is due for a correction from this folly in any event. 

[Posted at the SpookyWeather2 blog, October 3, 2026.]