Well hello to RobbynH.Quote"The renters are far more pre-occupied with trying to pay their rent and are unlikely to ever own their own home."So RobbynH with slight of hand tries to sheet the blame home to the Federal Coalition.

It is the lazy,greedy Labor State Govts who have taken investors out of the market with high taxes and charges that has caused a shortage of housing thus inflating rents.NSW Labor also restricts the supply of land to maximise their profits and makes first home buyers pay for infrastructure with enormous taxes which the developers must pass on or go bust.We have the lowest production rate of houses since WW2 and it will takes years to solve even if our stupid Iemma Govt finally wakes up.Govt taxes and charges account for $170,000.00 in the end purchase price of a home.The stupid electorate voted in this farce of a Govt and like lemmings leaping over a cliff look like voting for Federal Labor.

This is how Labor Govts service their heartland.They cannot provide basic services because they are pre-occupied with empire building in their Public Service.85% of their power base comes from Public Service Unions,so why should they give a "rat's" about those who work in private enterprise?

Cute but not even close to true, I would like to see more of this from a conservative government trapped in the spotlight of public opinion.
Worth while noting first post took offense at a bias toward conservatives late one claims the same about Labor?
Good fun but unlikely to see a poll reversal, yet or on this issue.

Belly,just logically refute all the points I've made.Put up or shut up!

Graham,

Dropping interest rates while banks still hold tens of billions in fixed deposits at old higher rates needs to handled carefully, as it it can squeeze Bank profitability/margins. (I have been involved the funding of Banks) Banks manage funds/commitments that span years at different rates, it is not a simple as adjusting rates in line with RBA indications to take pressure off mortgage repayments.