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Home owners benefitting from lower interest rates. (Read 1664 times)

salad in

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Australian Politics

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Re: Home owners benefitting from lower interest rates.
Reply #15 - Mar 30^th, 2013 at 3:05pm

MOTR wrote on Mar 29^th, 2013 at 1:01pm:

Remember this scare campaign.

Quote:

Coalition frontbencher Andrew Robb says despite the rate rise, voters will recognise it is the Coalition that has the experience to steer Australia through tough economic times.

"What Australia can't survive would be the wages breakout and then the interest rate breakout that would inevitably occur under Labor's industrial relation policy," he said.

Let's ask an average Joe homeowner about interest rates under Labor.

Quote:

Hockey, in responding to questions about his home mortgage, said he spent less than a quarter of his income on repaying his loan.

"I, like others, have taken advantage of the lower interest rates to try to pay down the principal," he said.

Complete rubbish! Just ask I'mphukingcrook how bad things are. He put up a topic not so long ago about housing being our of reach for Australians. Would I'mphukingcrook post something untrue? NEVER!

The ALP, the progressive party, the party of ideas, the workers' friend, is the only Australian political party to roast four young Australians in roof cavities. SHAME! SHAME! SHAME!

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MOTR Gold Member Offline Australian Politics Posts: 6646	Re: Home owners benefitting from lower interest rates. Reply #16 - Mar 31^st, 2013 at 12:49pm
Back to top	Hunt says Coalition accepts IPCC findings "What does this mean? It means that we need to do practical things that actually reduce emissions." IP Logged

bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Re: Home owners benefitting from lower interest rates. Reply #17 - Mar 31^st, 2013 at 12:53pm Yeah get your hand off your Longy Longy!! Skippy is living proof that Piltdown Man was not a hoax.
Back to top	Know the enemies of a civil society by their public behaviour, by their fraudulent claim to be liberal-progressive, by their propensity to lie and, above all, by their attachment to authoritarianism. IP Logged

bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Re: Home owners benefitting from lower interest rates. Reply #18 - Mar 31^st, 2013 at 12:54pm adelcrow, Mr Abbott will not be bringing interest rates down. That is the job of the RBA. And if they bring rates down further it will be a signal that we are in deep doo-doo.
Back to top	Know the enemies of a civil society by their public behaviour, by their fraudulent claim to be liberal-progressive, by their propensity to lie and, above all, by their attachment to authoritarianism. IP Logged

MOTR

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Re: Home owners benefitting from lower interest rates.
Reply #19 - Mar 31^st, 2013 at 1:01pm

bogarde73 wrote on Mar 31^st, 2013 at 12:54pm:

adelcrow, Mr Abbott will not be bringing interest rates down. That is the job of the RBA.
And if they bring rates down further it will be a signal that we are in deep doo-doo.

A little bit premature commenting on Abbott's fiscal credentials. Last election he chose not to audit his numbers and got caught out with a $10 billion black hole. At the end of the day, if Abbot can't keep inflation in check, the RBA will do it for him.

Hunt says Coalition accepts IPCC findings

"What does this mean? It means that we need to do practical things that actually reduce emissions."

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bogarde73 Gold Member Offline Anti-Global & Contra Mundum Posts: 18443 Gender:	Re: Home owners benefitting from lower interest rates. Reply #20 - Mar 31^st, 2013 at 1:12pm Read again MOTR, a bit more carefully. I was referring adelcrow to the fact that the RBA decides on rate movements. But I have every confidence, atm, in the abilities of a coalition govt. After all, we had 11 years of stability to inspire confidence.
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MOTR

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Re: Home owners benefitting from lower interest rates.
Reply #21 - Mar 31^st, 2013 at 1:30pm

bogarde73 wrote on Mar 31^st, 2013 at 1:12pm:

Read again MOTR, a bit more carefully. I was referring adelcrow to the fact that the RBA decides on rate movements.
But I have every confidence, atm, in the abilities of a coalition govt. After all, we had 11 years of stability to inspire confidence.

I understood exactly what you were saying. And I was referring to the reality that if governments can't keep inflation in check the Reserve Bank will do it for them. So in many ways Abbott's fiscal competency will shape our interest rates.

Hunt says Coalition accepts IPCC findings

"What does this mean? It means that we need to do practical things that actually reduce emissions."

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