AJ, you are spot on. Incredibly, Rudd/Swan whinge every time the banks raise interest rates, yet do nothing. Here we are talking about the one industry that has the potential to see Australia through thick and thin, yet this is where he wants to insert the socialist danger. Unbelievably stupid policy.
What do you reckon this idea has cost Australian investors and Superfunds so far? Billions in market value decreases.
Sovereign risk just went through the roof too!
Now he is apparently comparing to Aussie Govt Bonds - never should they be in the same sentence. Ridiculous!
Well, hopefully Rudd realises now that this issue has cost his party the election lead, and he will dump the idea. I imagine a nice bounce for the SP's if he did do so.
See what we little guys have got to deal with?!?!?
AJ, you are spot on. Incredibly, Rudd/Swan whinge every time the...
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