Share shakes: what about your home?

The answer IMHO will have to be neither because our inflation is largely imported.

How can you control an imported inflation??
You can't. You will kill your economy before inflation drops and this is what the RBA has achieved so far.

They've now realised that they are struggling the economy and that their policy is actually contributing to inflation because people are demanding higher wages to pay for the rental increases which the RBA policy is responsible for.

If I as a landlord can't pay the mortgage, I will have to put up my rents. I did increase all my rents 3 months ago and If this latest rate cut had not come through I would have no option than to put them up again before Xmas.

Cheers

 

The receding economy will largely take care of domestic inflation as consumer spending drops and unemployment rises. There is probably even a strong argument to suggest that the significant external inflationary pressures on inflation will drop significantly in the coming months with oil dropping back below $90 a barrel.